Press Release

BRAC EPL Investments partners with Paramount Solar to facilitate Bangladesh’s renewable energy transition

24 August, 2025. Dhaka, Bangladesh — BRAC EPL Investments Limited (BEIL) and Paramount Solar Limited (PSL) have entered a strategic partnership, with BEIL acting as the Corporate Advisor to support PSL’s expansion in the renewable energy sector and advancing clean energy accessibility across Bangladesh.

Commenting on this partnership, Syed Rashed Hussain, CEO of BRAC EPL Investments Limited "We are delighted to work with Paramount Solar Limited as they explore fund raising options to further expand and grow their business operations. This partnership reflects our continued commitment to supporting sustainable enterprises and leveraging capital market solutions to accelerate Bangladesh’s transition to clean energy."

Mr. Mohammad Jahidul Abedin, Director & CFO of Paramount Solar Limited said "Taking this step toward the capital market is a pivotal moment for Paramount Solar Limited. Partnering with BRAC EPL Investments Limited gives us the strategic expertise and guidance needed to scale our operations and expand access to clean, reliable energy for the country."

This collaboration will provide access to capital which will enable PSL to raise essential funds to scale its operations and invest in advanced solar technologies. It will further support expansion of solar energy solutions across Bangladesh.

PSL is a fast-growing renewable energy company dedicated to delivering clean, affordable, and efficient solar power solutions across Bangladesh. Focused on innovation and sustainability, the company aims to empower communities and industries by expanding access to reliable solar energy, supporting the nation’s transition to a low-carbon future.

BEIL is one of Bangladesh’s leading investment banks, offering a full range of investment banking services including issue management, corporate advisory, and portfolio management. With a strong track record of facilitating capital market access for visionary companies, BEIL is committed to driving sustainable economic growth and financial innovation.

This partnership will directly impact SDG 7 (Affordable and Clean Energy) of the UN Sustainable Development Goals.