{"id":107834,"date":"2025-09-25T00:00:00","date_gmt":"2025-09-25T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/global-south-utilities-snaps-up-majority-stake-in-uzbek-renewables-player-yashil-energiya\/"},"modified":"2025-09-25T00:00:00","modified_gmt":"2025-09-25T00:00:00","slug":"global-south-utilities-snaps-up-majority-stake-in-uzbek-renewables-player-yashil-energiya","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/09\/25\/global-south-utilities-snaps-up-majority-stake-in-uzbek-renewables-player-yashil-energiya\/","title":{"rendered":"Global South Utilities snaps up majority stake in Uzbek renewables player Yashil Energiya"},"content":{"rendered":"

GSU <\/strong>enters Central Asia with majority acquisition: <\/strong>Abu Dhabi-based Global South Utilities (GSU) has acquired a 51% stake in Uzbek solar project developer Yashil Energiya, state news agency Wam<\/a> reports. The move marks GSU\u2019s first foray into the Commonwealth of Independent States region.<\/p>\n

About the company: <\/strong>Established under a presidential decree in 2023, Yashil Energiya currently develops solar projects for commercial and industrial use, with plans to expand into the small hydropower and EV charging sectors. Its portfolio \u2014 currently at 50 MW in Uzbekistan \u2014 is set to grow by tens of MW thanks to funds from the acquisition. <\/p>\n

Background: <\/strong>GSU\u2019s ongoing international portfolio includes expanding a solar plant and commissioning another in Yemen<\/a>, developing a USD 220 mn solar project in Egypt<\/a>, and building a 50 MW solar plant with battery storage capacity in Madagascar<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The move marks GSU\u2019s first foray into the Commonwealth of Independent States region<\/p>\n","protected":false},"author":1,"featured_media":107835,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2392],"tags":[143,7,2400,60,211],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-107834","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ma-watch-2","tag-energy","tag-enterpriseam-uae","tag-global-south-utilities","tag-ma-watch","tag-renewables","wpautop","entry"],"acf":{"mongo_id":"61b1e7be-0256-4720-8b62-842b8e887e17","order":"3","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/9\/1504.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Global South Utilities snaps up majority stake in Uzbek renewables player Yashil Energiya","related_issue":[107829],"teaser":"The move marks GSU\u2019s first foray into the Commonwealth of Independent States region","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/9\/.fae3854c-95e3-4929-bd34-aa751244e0f7.mp3"},"yoast_head":"\nGlobal South Utilities snaps up majority stake in Uzbek renewables player Yashil Energiya - 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