Invest in KarmSolar™

INVESTMENT PHILOSOPHY

At KarmSolar, we pride ourselves in our network of 60+ investors since establishment. All of whom have contributed more than just capital to our growth, playing an integral part in the KarmSolar story. We commemorate our network of investors in the Shareholders Section, and invite you to contact our Investment Team.

board of directors

Amr Amin El Sawaf

Chairman

Managing Director at Promotrade

Marie-Astrid de Montmarin

Vice Chairman

EDF Board
of Directors

Yannick Coudeyras

Board Member

Deputy Director MEA Region
at EDF Renewables

Karim Moussa

Board Member

Co-CEO and Head of Asset Management & Private Equity at EFG Hermes

Stephane Debruyne

Board Member

International CFO
at EDF Renewables

Walid Hassouna

Board Member

CEO at Valu

Ahmed Zahran

Board Member

Co-Founder and CEO at KarmSolar

“We are delighted to establish this partnership to support KarmSolar in the delivery of its innovative business model. This partnership is fully in line with EDF Renewables strategy to offer relevant solutions helping commercial & industrial customers achieve their low carbon ambitions through the production and consumption of a competitive renewable energy"

Executive VP International Operations for EDF Renewables, Frederic Belloy

timeline of KEY PROJECTS

2011

KarmSolar Was Founded

Patents specialized solar pumping technology

2015

Egypt’s First IPP & PPA Licenses

1.0 MW PPA Off-grid solar solution for Juhayna

2017

Largest Solar PPA in Egypt

16.8 MW PPA solar station in Wadi Natroun

2018

Power Distribution Integration

Signing our First Electricity Distribution Agreement

2019

EDF Strategic Investment

EDF became a strategic partner through a $25M investment.

2023

Geographical Distribution Inauguration

Launch of the Marsa Alam and Farafra Solar Grids in ’22-‘23

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INVEST IN KARMSOLAR

INVESTMENT PHILOSOPHY

board of directors

timeline of KEY PROJECTS

karm stories