Credit Agricole Egypt, a subsidiary of the Credit Agricole Group, has partnered with Infinity, Egypt's leading provider of renewable energy solutions, to accelerate the transition to solar energy for individuals.
Infinity's customers will have access to Crédit Agricole Egypt's solar loan, which offers preferential interest rates and repayment terms up to seven years.
This loan enables individuals to invest in solar products, including solar home solutions for residential clients, reducing financial barriers and encouraging sustainable energy systems.
The agreement aims to raise awareness about the environmental and economic benefits of solar energy, aligning with Egypt's Vision 2030 and the Central Bank of Egypt's sustainable finance principles.
The signing ceremony was attended by Jean-Pierre Trinelle, Managing Director of Crédit Agricole Egypt, and Ashraf El Bishry, General Manager of Infinity, along with senior representatives from both entities.
Trinelle said: “At Crédit Agricole, sustainability is central to our mission, and we are committed to carbon neutrality by 2050 for both our own operations & financed emissions. Through this partnership, CAE continues to reflect its customer-centric approach by offering accessible green financing solutions tailored to meet our customers’ evolving needs. By combining our financial expertise with Infinity’s leadership in solar energy technology, we are expanding our impact, and advancing our long-term commitment to the energy transition.”
Mohamed Ismail Mansour, Co-Founder and CEO of Infinity, said: "At Infinity, we are committed to supporting the widespread adoption of clean, renewable energy solutions that can positively impact people’s lives and the environment. This partnership with Crédit Agricole Egypt is an important step in making solar energy more accessible to households across the country. By combining financial innovation with practical, scalable technology, we are enabling individuals to become active participants in Egypt’s clean energy future."
Nayer Fouad, Co-Founder and CEO of Infinity, further added: "This collaboration reflects our mission to deliver real, tangible solutions that support Egypt’s clean energy goals. By working alongside a trusted partner like Crédit Agricole Egypt, we are not only making renewable energy more attainable but also fostering greater awareness around the benefits of solar adoption at the individual and household levels. It’s another milestone in our journey to drive long-term environmental and economic value."
Nevine Shokry, Head of proximity Banking of Crédit Agricole Egypt added: “At Crédit Agricole Egypt, our green finance solutions reflect our commitment to helping customers take meaningful steps towards sustainability. This collaboration with Infinity embodies our shared belief that real success lies in empowering individuals, supporting communities, and protecting our planet.”-OGN / TradeArabia News Service
