In February 2019, Mitsui & CO Limited along with International Finance Corporation, Equinor Energy Ventures, Arab Petroleum Investments Corporation (APICORP), and Adenium Energy Capital invested $65 million in Yellow Door Energy in a Series A financing round to scale its investments in solar energy and energy efficiency solutions in the Middle East and Africa. Yellow Door Energy is a UAE-based solar developer
Adenium Energy Capital, Ltd. announced that its 15.6MW Solar Photovoltaic Power Project in Jordan in cooperation and partnership with Lafarge Cement Jordan, reached financial closure on 29 November 2018. Adenium acted as the sole sponsor for this transaction, while Arab Bank PLC acted as the sole lender
In November 2017, Adenium Energy Capital acquired the rights to develop a 36MWdc solar project from Edison Power. The project is located in Shizuoka Prefecture and will be developed, built and financed by Adenium. The power generated from this project will be sold to Tokyo Electric Power Company for twenty years
In October 2016, Adenium Energy Capital, Ltd. commissioned four solar PV projects totalling 50MW in Jordan. The four projects, 1 x 24 MW and 3 x 11 MW, were financed by the International Finance Corporation (IFC), Finnish Fund for Industrial Cooperation Ltd. (Finnfund), the Arab Bank and OPEC Fund for International Development (OFID)
In February 2016, Adenium Energy Capital invested in American Solar Direct, a residential solar energy provider in California. The investment helped the company to continue its growth in the Golden State as well as future expansion to other states
In August 2015, Adenium and Hudson formed a partnership to jointly capture the compelling investment opportunity presented by utility-scale solar photovoltaic projects in Japan. Adenium continued to develop its growing solar pipeline of over 75MW, and the partnership provided the required funding for the construction and long-term ownership of those projects
