ThreeEightSix

About

ThreeEightSix is an independent power producer and solar PV equity investment company headquartered in Abu Dhabi, United Arab Emirates. Founded in 2020, the firm specializes in the development, acquisition, financing, construction, and management of high-quality renewable energy assets, primarily focusing on solar PV for the commercial and industrial (C&I) sectors as well as small to medium-sized utility-scale projects. The company operates across the MENAT region, with a significant presence in the UAE, Saudi Arabia, Bahrain, and Oman. Its business model includes offering both OPEX and CAPEX engineering and contracting solutions. ThreeEightSix aims to accelerate the transition to green energy by providing businesses with sustainable solutions that reduce operating costs and ensure cost predictability for up to 30 years. In 2024, B. Grimm Power acquired a 40% shareholding in the company to support its expansion and regional renewable energy targets.

Details

Category
Alternative Energy
Year Founded
2020
Country of Headquarters
UAE
Region of Operation
Western Asia

UN Sustainable Development Goals

Impact Area

Western Asia

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