Umer Farooq Email and Phone Number
Umer Farooq is a Vice President Strategic Development @ Yellow Door Energy | Commercial Development, Renewables & Infrastructure Investments at Yellow Door Energy.
Yellow Door Energy
View- Website:
- yellowdoorenergy.com
- Employees:
- 59
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Vice President Strategic DevelopmentYellow Door Energy Jun 2023 - PresentDubai, United Arab Emirates- Grew pipeline from $100 million to $800 million and identified renewable energy investments worth $9 billion. - Expanded international presence by establishing a new branch in Sandton, South Africa, forming key strategic partnerships, and mapping 15 gigawatts of prospective sectors.- Successfully oversaw the acquisition of 500MW(for projects worth USD 400 million in investments) across seven strategic sites, for the development of C&I solar PV & BESS projects, resulting in significant expansion and value creation for the company and shareholders.- Identified and managed investment opportunities totalling over USD 300 million, ensuring comprehensive evaluation and mitigation of financial, legal, and operational risks.- Enhanced employee engagement by implementing training programs and championing diversity and inclusion initiatives, resulting in a 20% increase in employee satisfaction, a 30% increase in team collaboration, and a 15% rise in overall productivity.- Developed company’s strategic objectives for South Africa on a quarterly and annual basis under the direct supervision of CEO and increased team productivity by 10%. - Grew local team from 8 to 22 professionals and supervised the development of HR polices and office management procedures.- Evaluated industry trends and market conditions through competitor analysis activities, leading to strategic adjustments that increased market competitiveness by 5%.- Regularly reported to C-suite on business activity, market performance, and strategic adjustments, ensuring all reporting remained accurate, timely, and compliant with industry standards.- Managed project investment strategies that increased business development reach by 20%. -
Country DirectorYellow Door Energy Nov 2018 - Jun 2024Pakistan- Negotiated and signed over 40 megawatts (investments worth $32 million) of solar contracts: • Collaborated with leading international and local companies such as Hinopark/Toyota, Askari, Fauji Cement, Starlet Shoes, and Treet.- Developed high financial impact investment portfolio, resulting in NPV of over USD 57 million with IRR expectations in high 20% on developed projects.- Lowered EPC costs by 5% and reduced commercial and legal negotiation time from 15 to 9 months. Optimised the overall country budget by 7% through properly outlining financial requirements for business operations.- Secured USD 16 million through local and foreign lenders.- Developed strategic plans for renewable energy investments, driving pipeline growth by around 20% year on year.- Increased operational efficiency by 12% through workflow and administrative process monitoring.- Led a team of 20 employees, achieving a 25% increase in business efficiency through performance tracking and resource allocation.- Ensured project success of 10% by maintaining strong relationships with key stakeholders, such as customers, suppliers, government agencies, and financial institutions.- Successfully managed a diverse project portfolio, consistently achieving the minimum hurdle rates and improving overall portfolio performance.- Monitored industry trends, regulatory changes, and emerging technologies to identify new business and investment opportunities. -
Ceo / Partner Renewables & Infrastructure FundKnightsbridge Capital Group. Oct 2016 - Oct 2018Lahore, Punjab, Pakistan- Successfully deployed USD 30 million capital and high-value investments in renewable energy and infrastructure initiatives, significantly contributing to company growth.- Oversaw investments worth USD 24 million, managing the development cycle from raising investment to negotiating PPAs, securing debt, and overseeing the construction and commissioning of renewable energy and infrastructure projects. - Led the due diligence process for potential investments worth USD 25 million, including financial, legal, operational assessments, potential risks and returns.- Managed and monitored the performance of the investment portfolio at minimum hurdle rate of 12%, adjusting strategies based on performance data and market conditions.- Secured 20 million USD from multiple local and foreign private equity firms.- Built and maintained stakeholder relationships by establishing strong connections with investors, partners, and governmental bodies to support project success. - Oversaw the creation of financial models to forecast investment outcomes and assess financial performance.- Led negotiations on investment terms and conditions with potential investees and partners, ensuring favorable terms.- Regularly reported to senior management and the board of directors on investment activity, portfolio performance, market conditions, and strategic adjustments.- Led, mentored, and developed investment team of 5 members to build a cohesive and high-performing unit. -
Ceo / PartnerGreenindustree Gmbh Germany Apr 2014 - Oct 2016Düsseldorf, North Rhine-Westphalia, Germany And Lahore, Pakistan- Reduced procurement costs for solar solutions by 11% and shortened sales conversion time from 3 months to 20 days.- Surpassed annual sales targets by 120%, increasing market share to 23%.- Secured USD 5 million in series A funding.- Managed all aspects of renewable energy and infrastructure projects from initiation to operations.- Developed strong connections with investors, clients, partners, and governmental bodies.- Created and executed sales strategies for hybrid solar solutions, achieving 68% business growth in the first year.- Established collaborations with German companies, resulting in a joint venture valued at USD 36 million.- Led a high-performing sales team of 13 professionals.- Monitored industry trends to inform sales approaches and product improvements.
Frequently Asked Questions about Umer Farooq
What company does Umer Farooq work for?
Umer Farooq works for Yellow Door Energy
What is Umer Farooq's role at the current company?
Umer Farooq's current role is Vice President Strategic Development @ Yellow Door Energy | Commercial Development, Renewables & Infrastructure Investments.
Who are Umer Farooq's colleagues?
Umer Farooq's colleagues are Muhammad Arshad, Post Mba (Mcgill), Cma, Shafqat Rasool, Bhole Ram, Ca Mahesh Lalwani, Nouhad Mawlawi, Mais Sheyab, Jamani Shahid Hussain, Pmp®.
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Umer Farooq
United Arab Emirates -
Umer Farooq
X-Kpmg | Entrepreneur | Cfo | Fintech | Web 3.0 Banking | Partnerships | Startup Advisor | Business StrategistDubai, United Arab Emirates -
Umer Farooq
React | Next.Js | Angular | Nodejs | Redis | Mysql | Python | Rest Soap ApiDubai, United Arab Emirates
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