Mitsui and Equinor Energy Ventures were among the participants in a series A round that will help fund the development of 300 MW of distributed solar energy systems.
United Arab Emirates-based solar power provider Yellow Door Energy secured $65m on Monday in a series A round that included diversified conglomerate Mitsui and power producer Equinor.
The round also featured International Finance Corporation, the private investment arm of the World Bank, as well as development bank Arab Petroleum Investments Corporation and private equity firm Adenium Energy Capital, while Equinor invested through its Equinor Energy Ventures unit.
Founded in 2015 as a spinoff from founding investor Adenium, Yellow Door designs,…
