GreenYellow, STOA & DEG secure 189 MW solar platform funding

GreenYellow, a France-based solar developer, has reached financial close on a 189 MW C&I solar platform headquartered in Singapore. The platform will operate self-consumption photovoltaic projects in Vietnam and Thailand. GreenYellow holds 51% ownership, while STOA and DEG hold 29.7% and 19.3%, respectively. According to GreenYellow, the platform is structured as a YieldCo to reduce energy costs, improve energy autonomy, and lower CO₂ emissions for corporate users. STOA and DEG said that they contribute financial and ESG expertise, while GreenYellow provides operational leadership. As per the partners, the platform aims to reach 400 MW by 2026 through acquisitions and new investments. GreenYellow stated that the initiative aligns with its strategy to expand across Asia while maintaining activity in Europe.