Since its creation in 2004, Nareva has contributed actively to the energy transition and to the mobilization of Morocco's water resources

Our History

2004
Founding of Nareva
2009

Sebt
El Guerdane
45 Mm³ / year

2013

Akhfennir 1
100 MW

Haouma
50 MW

Foum El Oued
50 MW

2014

Tarfaya
300 MW

2016

Akhfennir 2
100 MW

2017

Safiec
1 386 MW

2018

Aftissat 1
200 MW

2020

Midelt
180 MW

2023

Aftissat 2
200 MW

Boujdour
300 MW

2024
Jbel Lahdid 270 MW
2025

Dakhla 
60 MW

2026

Aftissat 3
100 MW

Aftissat 4
50 MW

Dakhla desalination
37 Mm3 / an

Our History
2004
Founding of Nareva
2009

Sebt El Guerdane
45 Mm³ / year

2013

Akhfennir 1
100 MW

Haouma
50 MW

Foum el Oued
50 MW

2014

Tarfaya
300 MW

2016

Akhfennir 2
100 MW

2017

Safiec
1 390 MW

2018

Aftissat 1
200 MW

2020

Midelt
180 MW

2023

Aftissat 2
200 MW

Boujdour
300 MW

2024

Essaouira
270 MW

2025

Dakhla 
60 MW

2026

Aftissat 3
100 MW

Aftissat 4
50 MW

Dakhla desalination
37 Mm³ / year

Five core values form our identity. They guide us every day and reflect our corporate responsibility towards our customers, our suppliers, our communities and all our stakeholders.

Boldness

Acting with confidence and a clear-sighted vision of the issues

Innovation

Creating solutions suited to the needs of tomorrow

Team spirit

Consistency, solidarity and collective intelligence every day

Responsibility

Shared value and sustainable solutions for the future

Respect

Listening, ethics and consideration in all our interactions

Responsible and transparent governance, the foundation of our sustainable performance.

The Board of Directors

A collegial body, the Board of Directors (the « Board ») has the primary responsibility of overseeing the management of Nareva’s activities and affairs.

The Board ensures respect for Nareva’s corporate interest, the protection of its assets and holdings, and their long-term enhancement. It determines strategic choices as well as investment and divestment decisions.

It organizes the management and control of the company and ensures Nareva’s accountability to its shareholders. It oversees the integrity and quality of financial and non-financial information, with the support of the committees. In particular, it monitors Nareva’s financial and non-financial reporting, its strategic positioning, and its operational, social and environmental performance.
The Board, which meets at least three times a year, is composed of the following members:
  • Aymane Taud, Chairman and Chief Executive Officer
  • Noufissa Kessar, Administrator
  • Abdelmjid Tazlaoui, Administrator
  • Imad Toumi, Administrator
  • Ayoub Azami, Administrator
  • Badr Alioua, Administrator
  • Tarik Dinia, Administrator
The Board, which meets at least three times a year, is composed of the following members:
  • Aymane Taud, Chairman and Chief Executive Officer
  • Noufissa Kessar, Administrator
  • Abdelmjid Tazlaoui, Administrator
  • Imad Toumi, Administrator
  • Ayoub Azami, Administrator
  • Badr Alioua, Administrator
  • Tarik Dinia, Administrator

Four committees stemming from the Board have been established:

• The Strategy Committee, which rules on strategic orientations, investment decisions and strategic purchases.

• The Nominations and Remunerations Committee, rules on the appointment and compensation policy of executives.

• The Risk & Accounts Committee, rules on the reliability of accounting and financial information, the quality of the internal control system, risk policy and the effectiveness of internal audit systems.

• The ESG Committee, ensures that ESG matters are taken into account. Its ambition is to implement the company’s ESG roadmap with the aim of promoting sustainable development and exerting a positive impact on its socio-economic environment.

Our ESG Strategy

Our ESG strategy is built around three main strategic pillars broken down into sixteen firm commitments

Work towards sustainable growth while controlling the environmental impacts of our activities

  1. Work towards sustainable growth while controlling the environmental impacts of our activities
  2. Promote the energy transition and support the decarbonization of the economy
  3. Contribute to access to water and to the fight against water stress
  4. Transform waste into resources by integrating the circular economy and maximizing sustainable recovery
  5. Optimize greenhouse gas emissions in connection with our activities
  6. Preserve biodiversity and natural resources (water, air and soil) and continuously improve the environmental impact of our activities

Support the development of our collaborators and create impact in the territories where we operate and across our value chain

  1. Ensure the health and safety of our collaborators and across our value chain
  2. Attract and nurture talent, develop the skills of our workforce while promoting equity, parity and diversity
  3. Offer our collaborators healthy and fulfilling working conditions that foster their well-being
  4. Design and deploy structuring and educational programmes in the fields of education, entrepreneurship and culture, and act in favour of solidarity for local communities
  5. Encourage collaborator volunteering in community and not-for-profit projects

Act with demanding governance for a "positive impact"

  1. Strengthen good governance practices and make exemplary business conduct a factor of performance and sustainability
  2. Respect human rights, ensure regulatory compliance and protect data integrity
  3. Manage ESG risks
  4. Implement a responsible procurement policy while strengthening industrial integration
  5. Build a strong and responsible relationship, over the long term, with our stakeholders

Alignment with the Sustainable Development Goals (SDGs)

Nareva contributes actively to the Sustainable Development Goals (SDGs), thereby demonstrating its central role in the energy transition, the responsible management of natural resources and support for local communities.

5 SDGs are priorities for Nareva:

ODD 6

Clean water and sanitation

ODD 7

Affordable and clean energy

ODD 8

Decent work and economic growth

ODD 9

Industry, innovation and infrastructure

ODD 13

Climate action

© All rights reserved