{"id":674367,"date":"2025-10-28T00:00:00","date_gmt":"2025-10-28T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/28\/karmsolar-to-develop-its-first-solar-plant-in-cyprus\/"},"modified":"2025-10-28T00:00:00","modified_gmt":"2025-10-28T00:00:00","slug":"karmsolar-to-develop-its-first-solar-plant-in-cyprus","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/28\/karmsolar-to-develop-its-first-solar-plant-in-cyprus\/","title":{"rendered":"KarmSolar to develop its first solar plant in Cyprus"},"content":{"rendered":"

KarmSolar expands into C<\/strong>yprus:<\/strong> Cairo-based solar energy firm KarmSolar expanded its operations into Cyprus with a license to build and operate a 7.6 MW solar PV plant in Monagroulli, according to a press release (pdf)<\/a>. The move marks the company\u2019s first international venture. <\/p>\n

(Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n

Strong backing: <\/strong>The company invested some EUR 2 mn to set up KarmCyprus, backed by some EUR 8 mn raised from Egyptian and international investors. The company also secured EUR 5 mn in financing from Eurobank for the PV planet, which is set to be operational by September 2026.<\/p>\n

The plan:<\/strong> The long-term plan for KarmCyprus is to be one of the top renewable energy utility companies in Cyprus in both power generation and distribution, KarmSolar CEO Ahmed Zahran told EnterpriseAM. The company aims to make the most of the energy produced and distributed from renewable sources.<\/p>\n

But why Cyprus? <\/strong>\u201cWe are looking for energy markets in the region where we can transfer our knowledge as a renewable energy based power utility,\u201d Zahran told us. Cyprus and Egypt also have similar energy laws and are closely aligning their policies and investment plans as part of broader East Mediterranean energy strategies.<\/p>\n

\n

ALSO IN EXPANSION-<\/p>\n

Local e-mobility company BluEV plans to invest USD 25 mn to expand its operations in <\/strong>Egypt and Morocco next year<\/strong>, Asharq Business<\/a> reports. The company is also looking to enter the Italian market.<\/p>\n

Sounds familiar? <\/strong>Earlier this year, BluEV announced plans<\/a> to enter the Moroccan market before the end of this year with a USD 100 mn investment to roll out its electric motorcycle conversion platform.<\/p>\n","protected":false},"excerpt":{"rendered":"

The company secured EUR 5 mn in financing from Eurobank for the project<\/p>\n","protected":false},"author":1,"featured_media":674368,"comment_status":"closed","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":[8861],"tags":[211,72,8860,1868,151,7234],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-674367","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-expansion","tag-cyprus","tag-enterpriseam","tag-expansion","tag-karmsolar","tag-renewables","tag-solar-power","wpautop","entry"],"acf":{"mongo_id":"5bb46c05-2983-45a6-8fd3-aa119e072029","order":"10","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/10\/1474.jpg","photo_position":"above","homepage_title":"","full_issue_title":"KarmSolar to develop its first solar plant in Cyprus","related_issue":[674351],"teaser":"The company secured EUR 5 mn in financing from Eurobank for the project","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/10\/.8fd515ed-956b-4d5d-a947-b203b178abf1.mp3"},"yoast_head":"\nKarmSolar to develop its first solar plant in Cyprus - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2025\/10\/28\/karmsolar-to-develop-its-first-solar-plant-in-cyprus\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KarmSolar to develop its first solar plant in Cyprus\" \/>\n<meta property=\"og:description\" content=\"The company secured EUR 5 mn in financing from Eurobank for the project\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2025\/10\/28\/karmsolar-to-develop-its-first-solar-plant-in-cyprus\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-28T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/10\/1474.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/10\/28\/karmsolar-to-develop-its-first-solar-plant-in-cyprus\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/10\/28\/karmsolar-to-develop-its-first-solar-plant-in-cyprus\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"KarmSolar to develop its first solar plant in Cyprus\",\"datePublished\":\"2025-10-28T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/10\/28\/karmsolar-to-develop-its-first-solar-plant-in-cyprus\/\"},\"wordCount\":289,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/10\/28\/karmsolar-to-develop-its-first-solar-plant-in-cyprus\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/10\/1474.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Cyprus\",\"EnterpriseAM\",\"expansion\",\"KarmSolar\",\"renewables\",\"solar power\"],\"articleSection\":[\"EXPANSION\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/10\/28\/karmsolar-to-develop-its-first-solar-plant-in-cyprus\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2025\/10\/28\/karmsolar-to-develop-its-first-solar-plant-in-cyprus\/\",\"name\":\"KarmSolar to develop its first solar plant in Cyprus - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/10\/28\/karmsolar-to-develop-its-first-solar-plant-in-cyprus\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/10\/28\/karmsolar-to-develop-its-first-solar-plant-in-cyprus\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/10\/1474.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-10-28T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/10\/28\/karmsolar-to-develop-its-first-solar-plant-in-cyprus\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2025\/10\/28\/karmsolar-to-develop-its-first-solar-plant-in-cyprus\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/10\/28\/karmsolar-to-develop-its-first-solar-plant-in-cyprus\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2025\/10\/1474.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/10\/1474.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/10\/28\/karmsolar-to-develop-its-first-solar-plant-in-cyprus\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"KarmSolar to develop its first solar plant in Cyprus\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"KarmSolar to develop its first solar plant in Cyprus - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/28\/karmsolar-to-develop-its-first-solar-plant-in-cyprus\/","og_locale":"en_US","og_type":"article","og_title":"KarmSolar to develop its first solar plant in Cyprus","og_description":"The company secured EUR 5 mn in financing from Eurobank for the project","og_url":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/28\/karmsolar-to-develop-its-first-solar-plant-in-cyprus\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2025-10-28T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2025\/10\/1474.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/28\/karmsolar-to-develop-its-first-solar-plant-in-cyprus\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/28\/karmsolar-to-develop-its-first-solar-plant-in-cyprus\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"KarmSolar to develop its first solar plant in Cyprus","datePublished":"2025-10-28T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/28\/karmsolar-to-develop-its-first-solar-plant-in-cyprus\/"},"wordCount":289,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/28\/karmsolar-to-develop-its-first-solar-plant-in-cyprus\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/10\/1474.jpg?fit=%2C&ssl=1","keywords":["Cyprus","EnterpriseAM","expansion","KarmSolar","renewables","solar power"],"articleSection":["EXPANSION"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/28\/karmsolar-to-develop-its-first-solar-plant-in-cyprus\/","url":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/28\/karmsolar-to-develop-its-first-solar-plant-in-cyprus\/","name":"KarmSolar to develop its first solar plant in Cyprus - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/28\/karmsolar-to-develop-its-first-solar-plant-in-cyprus\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/28\/karmsolar-to-develop-its-first-solar-plant-in-cyprus\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/10\/1474.jpg?fit=%2C&ssl=1","datePublished":"2025-10-28T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/28\/karmsolar-to-develop-its-first-solar-plant-in-cyprus\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2025\/10\/28\/karmsolar-to-develop-its-first-solar-plant-in-cyprus\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/28\/karmsolar-to-develop-its-first-solar-plant-in-cyprus\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2025\/10\/1474.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/10\/1474.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/28\/karmsolar-to-develop-its-first-solar-plant-in-cyprus\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"KarmSolar to develop its first solar plant in Cyprus"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2025\/10\/1474.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2025\/10\/1474.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2025\/10\/1474.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":592684,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/04\/edf-to-invest-usd-25-mn-in-karmsolar-this-year\/","url_meta":{"origin":674367,"position":0},"title":"EDF to invest USD 25 mn in KarmSolar this year","author":"enterpriseam admin","date":"4 November 2019","format":false,"excerpt":"M&A WATCH- EDF to invest USD 25 mn in KarmSolar this year: French energy company EDF Renewables is reportedly in advanced talks to invest as much as USD 25 mn in KarmSolar before the end of the year, sources familiar with the matter told the press. An agreement is expected\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/12\/459.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":593884,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/13\/karmsolar-signs-egp-230-mn-loan-agreement-with-banque-misr\/","url_meta":{"origin":674367,"position":1},"title":"KarmSolar signs EGP 230 mn loan agreement with Banque Misr","author":"enterpriseam admin","date":"13 October 2019","format":false,"excerpt":"KarmSolar has signed a EGP 230 mn loan agreement with Banque Misr to build 24 MW solar power plants, CEO Ahmed Zahran told the local press. Zahran did not say how many plants the company will establish with the money. KarmSolar is also in talks with five local and international\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":600816,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/11\/karmsolar-signs-usd-90-mn-power-supply-agreement-with-cairo3a-poultry\/","url_meta":{"origin":674367,"position":2},"title":"KarmSolar signs USD 90 mn power supply agreement with Cairo3A Poultry","author":"enterpriseam admin","date":"11 February 2019","format":false,"excerpt":"KarmSolar has signed a USD 90 mn agreement with Cairo3A Poultry to connect its facility to the national grid and supply all of its electricity from solar power, the company said in a statement (pdf). KarmSolar is planning to build a USD 90 mn, 100 MW solar plant in the\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":624610,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/13\/karmsolar-to-raise-egp-500-mn-for-expansion-plans-contracts-attijari-as-advisor\/","url_meta":{"origin":674367,"position":3},"title":"KarmSolar to raise EGP 500 mn for expansion plans, contracts Attijari as advisor","author":"enterpriseam admin","date":"13 September 2018","format":false,"excerpt":"KarmSolar is looking to raise EGP 500 mn of equity to finance the completion of its pipeline private solar power stations, according to an emailed statement (pdf). The energy company has contracted Attijari Finances to act as its global advisor and coordinator for the fundraising process. Under the agreement, \u201cthe\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":548995,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/30\/karmsolar-is-looking-for-investors\/","url_meta":{"origin":674367,"position":4},"title":"KarmSolar is looking for investors","author":"enterpriseam admin","date":"30 August 2022","format":false,"excerpt":"Solar energy company KarmSolar will sell a minority stake to investors via a capital increase as it looks to expand its presence in Egypt and across the region, it said in astatement (pdf) yesterday. The company hopes to raise \u201ca significant amount\u201d in the investment round, KarmSolar CEO Ahmed Zahran\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/436.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":623434,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/30\/ebrd-to-help-karmsolar-raise-financing-for-10-mw-solar-power-station\/","url_meta":{"origin":674367,"position":5},"title":"EBRD to help KarmSolar raise financing for 10 MW solar power station","author":"enterpriseam admin","date":"30 October 2018","format":false,"excerpt":"The European Bank for Reconstruction and Development (EBRD) will be helping KarmSolar raise financing for a 10 MW solar power station that it\u2019s building for a \u201cprominent client,\u201d KarmSolar announced in a press release yesterday (pdf). The company signed a mandate letter with the EBRD for the funding that will\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/674367","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=674367"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/674367\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/674351"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/674368"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=674367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=674367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=674367"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=674367"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=674367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}