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- Yellow Door Energy
Yellow Door Energy Funding, Investors & Competitors
Yellow Door Energy has raised $473M across 2 funding rounds, most recently a $408M undisclosed-stage round in October 2022.
Last Yellow Door Energy funding round
$408M
Undisclosed stage · Oct 2022
Cumulative funding Yellow Door Energy raised
$473M
across 2 funding rounds
Key investors in Yellow Door Energy
International Finance Corporation
Mitsui & Co
The Arab Energy Fund
Actis
Equinor
Adenium Energy Capital
About Yellow Door Energy
Yellow Door Energy is a Dubai-headquartered solar developer delivering rooftop and ground-mounted PV systems for commercial clients in the Middle East and Africa. Since 2014, it has deployed over 200 MW across 15 countries including UAE, Egypt, and South Africa. Clients like Unilever and Coca-Cola pay monthly tariffs post-installation, with the firm handling design, financing, operations, and maintenance under long-term power purchase agreements.
Founded
2015
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Yellow Door Energy Funding History
Yellow Door Energy has raised a total of $473M across 2 funding rounds.
Yellow Door Energy's first fundraising round was a $65M Series A in January 2019. The most recent completed round was a $408M undisclosed-stage round in October 2022.
Yellow Door Energy funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Oct 2022 | Undisclosed stage | Actis; International Finance Corporation; The Arab Energy Fund; Mitsui & Co | $408M | Yellow Door Energy is a renewable energy company based in Dubai, UAE, focused on solar power solutions with 101-200 employees. It has raised approximately $427.2M in total funding across 2 rounds, including a $400M round on 2022-11-12 matching the approximate date and a later $27.2M round in 2024-12-13. |
| Jan 2019 | Series A | International Finance Corporation (lead); Equinor; The Arab Energy Fund; Adenium Energy Capital; Mitsui & Co | $65M | Yellow Door Energy is a UAE-based solar developer providing renewable energy solutions to commercial and industrial customers in the Middle East and South Asia, focusing on solar leasing to reduce energy costs, improve reliability, and lower emissions. Shareholders include International Finance Corporation (IFC), Mitsui, Equinor, and APICORP. Yellow Door Energy's model involves financing, building, owning, operating, and maintaining solar installations for clients, enabling zero-upfront-cost adoption of clean energy. In January 2019, the company raised $65 million in Series A financing led by IFC, with participation from Adenium Energy Capital, Equinor, Mitsui & Co, and The Arab Energy Fund (also known as APICORP), to scale solar investments across the Middle East and Africa. The funding supported expansion of rooftop solar projects, aligning with regional sustainability goals. Subsequent activities include partnerships like with EMSTEEL for 31.5 MWp across 40 roofs in Abu Dhabi starting 2025, and powering Chalhoub Group's Riyadh hub, demonstrating ongoing growth. The company marked a decade by 2024, delivering 1 billion kWh of clean energy, equivalent to charging 273 million smartphones yearly and cutting 396,000 metric tons of CO2. |
Who has invested in Yellow Door Energy?
6 investors have backed Yellow Door Energy across its funding rounds, including International Finance Corporation, Mitsui & Co, The Arab Energy Fund, Actis, Equinor and Adenium Energy Capital.
Lead investors include International Finance Corporation.
Yellow Door Energy Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Jan 2019 | ||
| 2 | Participant | Jan 2019 | ||
| 2 | Participant | Jan 2019 | ||
| 1 | Participant | Jan 2019 | ||
This data is available for Pro users. Sign up to see all 6 Yellow Door Energy investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialYellow Door Energy Competitors
Yellow Door Energy competitors include listed companies like GE Vernova, Enbridge, Williams Companies and Enterprise Products, and private ones like Base Power and Lancium Technologies.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $38B | $3.2B | $246B | 5.4x | ||
| Publicly listed | $47B | $15B | $109B | 3.6x | ||
| Publicly listed | $12B | $7.4B | $88B | 9.8x | ||
| Publicly listed | $53B | $9.6B | $83B | 1.9x | ||
| Private | - | - | $13B | - | ||
| Private | - | - | $10B | - |
Yellow Door Energy Public Comps
Yellow Door Energy is still privately-owned, but its public comps include GE Vernova, Reliance Industries, Iberdrola, Siemens Energy, Enbridge, China Yangtze Power, Constellation Energy, Quanta Services, Williams Companies and Enterprise Products.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $38B | $3.2B | 6.2x | 5.4x | 73.5x | 43.5x | |||
| $110B | $20B | 1.9x | 1.7x | 10.4x | 10.3x | |||
| $51B | $17B | 4.4x | 4.3x | 13.2x | 11.8x | |||
| $45B | $4.5B | 2.7x | 2.4x | 27.3x | 16.1x | |||
| $47B | $15B | 4.2x | 3.6x | 13.3x | 13.3x | |||
| $13B | $11B | 11.4x | 11.3x | 13.9x | 14.4x | |||
| $26B | $5B | 4.6x | 3.8x | 23.5x | 15.3x | |||
| $28B | $2.5B | 3.5x | 2.7x | 38.8x | 26.3x | |||
This data is available for Pro users. Sign up to see all Yellow Door Energy competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Yellow Door Energy
| When was Yellow Door Energy founded? | Yellow Door Energy was founded in 2015. |
| Where is Yellow Door Energy headquartered? | Yellow Door Energy is headquartered in Dubai, UAE. |
| Is Yellow Door Energy publicly listed? | No, Yellow Door Energy is a private, VC-backed company. |
| How much funding has Yellow Door Energy raised? | Yellow Door Energy has raised $473M across 2 funding rounds. |
| What was Yellow Door Energy's last funding round? | Yellow Door Energy's last funding round was a $408M undisclosed-stage round in October 2022. |
| Who are Yellow Door Energy's investors? | Yellow Door Energy's investors include International Finance Corporation, The Arab Energy Fund, Mitsui & Co, Equinor, Actis and Adenium Energy Capital. |
| Which companies are comparable to Yellow Door Energy? | Companies comparable to Yellow Door Energy include GE Vernova, Enbridge, Williams Companies, Enterprise Products, Base Power and Lancium Technologies. |
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