ThreeEightSix

What ThreeEightSix does

ThreeEightSix (legal entity: Three Eight Six Holdings) is an Abu Dhabi-based private renewable energy investment platform that develops solar energy projects across the GCC region. Founded in 2020 and operating with a small team (1–10 employees), the company originates, finances, and executes solar infrastructure projects aimed at government, utility, and institutional off-takers whose procurement is aligned with the UAE Net Zero 2050 Strategy and UAE Energy Strategy 2050. Its core capability is project development rather than hardware manufacturing; the platform monetizes via solar power generation and project-based arrangements, though specific pricing mechanics and revenue figures are not publicly disclosed.

The company's execution model relies on strategic partnerships to achieve scale it could not reach independently. In May 2024, it took on B.Grimm Power Public Company Limited as a 49% equity partner with a stated target of developing 100MW of solar projects in the GCC by 2025. In parallel, it partnered with the Higher Colleges of Technology to deploy a 4.3MW, 7,000-panel solar installation across Abu Dhabi, Dubai, and Al Ain campuses, with the first phase operational as of April 2026 and expected to generate approximately 8 GWh annually and abate 90,000 metric tonnes of carbon over the project lifetime.

Commercial focus is segmented along two vectors: a primary government and institutional segment across the GCC, and a secondary educational-institution segment within the UAE. The customer base is currently narrow — Higher Colleges of Technology is the only named institutional off-taker — and the company carries no disclosed marketing or distribution channels, indicating a direct, relationship-driven go-to-market typical of project developers in the region. No AI, software, or proprietary technology stack is described; value creation is sourced from regulatory alignment, partner capital (B.Grimm), and execution of physical solar assets.

Name

ThreeEightSix

Legal name

Three Eight Six Holdings

Website

https://threeeightsix.me

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

ThreeEightSix is an Abu Dhabi-based renewable energy investment platform that develops solar energy projects across the GCC for government, institutional, and educational customers aligned with the UAE Net Zero 2050 Strategy.

Ownership category

akta.pro rank

Headquarters

HQ city

Abu Dhabi

HQ country

United Arab Emirates

HQ region

Middle East

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure

Core offering

ThreeEightSix is a renewable energy investment and project development platform that develops, finances, and operates solar energy infrastructure across the GCC region. The company delivers utility-scale and institutional solar projects through strategic partnerships, targeting government, utility, and educational-sector customers to support regional clean energy and net-zero commitments.

Differentiator

Problem solved

Functional benefit

Products and services

• Higher Colleges of Technology Solar Energy Project Multi-campus distributed solar PV installation across the Higher Colleges of Technology's Abu Dhabi, Dubai, and Al Ain campuses, comprising approximately 7,000 solar panels with 4.3 MW total capacity generating nearly 8 GWh of clean energy annually, covering 16–17% of campus electricity demand and expected to avoid 90,000 metric tonnes of carbon emissions over project lifetime. Delivered in partnership with Higher Colleges of Technology.
• GCC Solar Project Development Pipeline Utility-scale solar energy project development pipeline targeting 100MW of solar capacity across GCC countries, executed via the strategic partnership with B.Grimm Power and aligned with UAE Net Zero 2050 and UAE Energy Strategy 2050. Targeted at government bodies, utilities, and institutional customers in GCC countries seeking renewable energy infrastructure.

Quantifiable outcome

• 100MW of solar projects to be developed in GCC region by 2025
• +3 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Higher Colleges of TechnologycoreStrategic or Co-development Partner · 1 April 2026Higher Colleges of Technology launched a solar energy project across its Abu Dhabi, Dubai, and Al Ain campuses in partnership with ThreeEightSix. The project involves installation of approximately 7,000 solar panels with total capacity of 4.3 megawatts, generating nearly 8 gigawatt-hours of clean energy annually. First phase operational since April 2026.
• B.Grimm Power Public Company LimitedcoreStrategic or Co-development Partner · 30 May 2024ThreeEightSix Holdings entered a strategic partnership with B.Grimm Power involving a 49% equity stake. The partnership aims to develop 100MW of solar projects in the GCC region by 2025, aligning with the region's renewable energy goals. B.Grimm Power's investment enables the development of renewable energy projects as part of the strategic alliance.

Scale indicators6 records

Recent moves3 records

Expansion highlights4 records

Direct peers

• Yellow Door Energy: UAE-based distributed solar energy company serving commercial and industrial customers with onsite solar and energy efficiency solutions. Most directly comparable to ThreeEightSix as a regional distributed solar developer executing behind-the-meter projects for institutional clients.
• B.Grimm Power: Thailand-listed renewable energy and power infrastructure company, and ThreeEightSix's strategic shareholder (49%). Directly comparable solar/IPP development business and provides the operational template for GCC expansion.
• AMEA Power: Dubai-based renewable energy developer with a multi-gigawatt pipeline of solar, wind, and storage projects across MENA and Africa. Operates in the same GCC project development space, with comparable focus on utility-scale solar and strategic regional positioning.
• Enerwhere: UAE-headquartered provider of distributed solar and hybrid energy solutions for commercial, industrial, and institutional customers across MENA. Closely mirrors ThreeEightSix's distributed generation focus and institutional customer profile.

Broad incumbents

• Masdar: Abu Dhabi Future Energy Company, a sovereign-backed global renewable energy developer and investor. Operates at much greater scale but is the dominant GCC renewable energy incumbent against which ThreeEightSix and similar developers compete for tenders.
• ACWA Power: Saudi-listed international power and desalinated water developer with significant renewable energy operations across MENA. Competes for the same large-scale GCC solar tenders and PPAs that anchor ThreeEightSix's growth ambitions.
• Engie Middle East: Global energy utility with significant MENA presence across renewables, district cooling, and power infrastructure. Competes in the same regional solar and clean energy development market as ThreeEightSix.
• EDF Renewables: Global renewable energy developer with active MENA operations across solar, wind, and storage. Comparable as a large international player pursuing distributed and utility-scale GCC opportunities.

Emerging players

• Tata Power Solar Systems: India-headquartered solar EPC and developer with international expansion ambitions including emerging market rooftop and utility-scale solar. Operates in a comparable distributed-to-utility solar developer model.

Regional players

• Alfanar: Saudi Arabia-based diversified conglomerate with significant renewable energy EPC and project development operations. Comparable as a regional solar project developer primarily serving the Saudi/GCC market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/three-eight-six-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ThreeEightSix