Red Med Capital has officially joined the board of Morocco’s Renewable Energy Cluster following the group’s general assembly held on September 10. The company’s CEO, Abdeslam Ababou, was appointed as a board member of the organization, which brings together key players in the country’s clean energy sector.
The meeting was attended by representatives from major government bodies, including the Ministry of Industry and Trade as well as the Ministry of Energy Transition and Sustainable Development. It served as a platform for the Cluster to reaffirm its strategic importance in driving Morocco’s national energy policy and its long-term vision for a greener economy.
During the session, members also voted in Tarik Moufaddal, CEO of Masen, as the new president of the Cluster—signaling a shift in leadership that could shape the group’s future direction.
Red Med Capital emphasized that its participation in the board reflects a deep commitment to sustainable finance. The firm sees it as a crucial tool not only to accelerate Morocco’s energy transition but also to promote broader industrial and regional development throughout the country.
