GreenYellow has successfully completed a capital raise for its Asia operations with investments from STOA and DEG, utilizing the Yoko structure to enhance its rooftop solar generation capacity in Thailand and Vietnam, aiming to grow from 189MWp to 400MWp by 2026.

Target Information

GreenYellow, a prominent global leader in distributed energy solutions, has successfully completed a capital raise aimed at bolstering its operations in Asia. This strategic move involves the adoption of a dynamic yieldco structure known as Yoko, which enables GreenYellow to enhance its solar energy capabilities across the region.

The Yoko structure has been initiated with a foundational capacity of 189MWp sourced from rooftop solar generation assets located in Thailand and Vietnam. The goal is to expand capacity to 400MWp by the end of 2026 through a sophisticated mechanism of capital injections and reinvestments.

Industry Overview

The renewable energy sector in Southeast Asia is witnessing transformative growth, spurred by increasing demand for sustainable and cost-effective energy solutions. Countries like Thailand and Vietnam are particularly focused on transitioning to clean energy sourc