PR-GreenYellowxSTOA-DEG-YieldCo-April-25-pdf

GREENYELLOW, STOA, AND DEG ANNOUNCE THE CLOSING OF A 189 MWp CI SOLAR ASSET OPERATING COMPANY. A MAJOR STEP FORWARD IN ACCELERATING THE ENERGY TRANSITION IN SOUTHEAST ASIA. GreenYellow, a global leader in decentralized energy transition, STOA, a French impact investor specializing in infrastructure projects, and DEG, the German development finance institution, proudly announce the financial close of a 189 MWp asset platform (YieldCo) in Singapore, dedicated to operating self-consumption solar assets in Vietnam and Thailand. This landmark transaction represents a decisive step in the region’s energy transition, demonstrating the commitment of all three partners to accelerating the deployment of decentralized solar power plants in Southeast Asia, contributing to the competitive decarbonation of these fast-growing economies.