# Yellow Door Energy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/yellow-door-energy

- Industry: Renewable Energy
- Headquarters: Dubai, United Arab Emirates
- Website: http://www.yellowdoorenergy.com
- Total disclosed funding: $65M
- Latest round: Series A (Jan 28, 2019)
- Investors on record: 5

## About

Yellow Door Energy Limited, based in the United Arab Emirates, specializes in solar energy solutions and energy storage systems, providing innovative services to commercial and industrial clients across the Middle East and Africa.Founded in 2015 and headquartered in Dubai, United Arab Emirates, Yellow Door Energy Limited is focused on offering solar energy solutions. The company has successfully completed 6 deals, with its latest funding round being a GROWTH round in October 2022, where it raised USD 400.00 mn from investors including Actis and the International Finance Corporation. CEO Jeremy Crane has been instrumental in guiding the company's strategic direction.Yellow Door Energy specializes in providing solar energy solutions and battery energy storage systems (BESS) to commercial and industrial clients in the Middle East and Africa. Their primary offerings include power purchase agreements (PPAs) and solar leases which facilitate the deployment of solar photovoltaic (PV) systems without the need for upfront capital investment from clients. The company serves a diverse range of customers across various sectors, including retail, food and beverage, and manufacturing, with notable clients such as Nestlé and Armacell, operating across several countries including the UAE, Saudi Arabia, Bahrain, Oman, Jordan, and South Africa.The revenue model of Yellow Door Energy is primarily structured around long-term contracts, such as power purchase agreements and solar leases, which establish ongoing relationships with their clients. These transactions involve businesses entering into agreements to purchase energy generated from installed solar systems at predetermined rates, generating revenue through the sale of renewable energy over an extended period. Clients benefit from reduced operational costs and enhanced sustainability.In October 2022, Yellow Door Energy received a significant investment of USD 400.00 mn from Actis and other partners. This funding will support the company's sustainable energy project development strategy in the Middle East, Africa, and beyond. The company is currently focusing on expanding its operations into new markets while continuing to enhance its product offerings, including solar energy solutions and battery storage systems.

## Funding rounds

- Series A, Jan 28, 2019, $65M — International Finance Corporation, Mitsui Global Investment, The Arab Energy Fund, Adenium Energy Capital, Equinor Ventures

## Investors

- International Finance Corporation — Series A
- Mitsui Global Investment (https://capitalatlas.ai/funds/mitsui-global-investment) — Series A
- The Arab Energy Fund — Series A
- Adenium Energy Capital — Series A
- Equinor Ventures — Series A