CI Capital PE for Fund Management and Investment (CIPE), a subsidiary of CI Capital Holding (CICH.CA), Egypt’s leading diversified financial services group, has signed a strategic partnership agreement with engazaat | the Solar Water Company to launch the region’s first green infrastructure fund focused on the Water-Energy-Food (WEF) nexus.
The “SAVE Fund” aims to attract USD 200 million in private investments from local and international institutions. The signing ceremony took place at CI Capital Headquarters, attended by senior executives from both organizations.
Key Figures at the Signing Ceremony
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Mahmoud Khalifa, Executive Investment Director of CI Capital Private Equity
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Muhammad El Demerdash, CEO and Co-Founder of engazaat
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Mahmoud Attalah, Executive Vice Chairman & Managing Director, CI Capital
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Hesham Gohar, Group CEO, CI Capital
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Dr. Mahmoud Mohieldin, Honorary Chairman, engazaat
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engazaat Co-Founders: Khaled Demerdash and Omar El Demerdash
Dual-Structure Fund: ADGM and Egypt
The SAVE Fund will be established in Abu Dhabi Global Market (ADGM), regulated by the Financial Services Regulatory Authority (FSRA). A mirror fund in Egypt will also be created to enable broader investor participation and mobilize both local and international capital.
Driving Sustainable Development and Food Security
“Partnering with engazaat reflects our commitment to investment strategies that deliver sustainable economic growth while addressing critical development priorities across Egypt and the region,” said Hesham Gohar, Group CEO of CI Capital.
“For more than 14 years, we’ve worked to unlock the sustainable Infratech investment formula, transforming the WEF nexus into a powerful opportunity,” added Muhammad El Demerdash, Co-Founder and CEO of engazaat.
Accelerating Climate Goals
The partnership will channel investments into solar water infrastructure and the agricultural value chain, leveraging engazaat’s award-winning Sustainable Agro Village and Entrepreneurship (SAVE) Park Model. This model integrates clean-tech utilities and agricultural support systems, empowering local growers and creating jobs while ensuring food, water, and energy security.
“This agreement reinforces engazaat’s vision to expand access to sustainable energy, water, and agricultural solutions, contributing meaningfully to global climate goals,” stated Dr. Mahmoud Mohieldin, Honorary Chairman of engazaat.
Strong Governance and Impact
“We are building a solid fund structure that meets the highest standards of governance and transparency,” said Mahmoud Khalifa, Executive Investment Director of CI Capital Private Equity.
The fund aims to deliver measurable impact in climate change adaptation, mitigation, and resilience, while generating attractive returns for investors.
