Carol Ayat - ACT Smart Board member

Carol Ayat

Head of Energy at Bank Audi

Carol Ayat is an investment banker and energy finance expert. She founded and currently heads the energy finance department at Bank Audi, whose mission is to support private sector solutions to meet the energy needs of the Lebanese people.

As part of the mandate to arrange financing for Lebanon’s first IPP, the 225MW wind farms in Akkar, with four development banks, Carol has worked with the public sector and multiple international financiers on developing Lebanon’s first power purchase agreement, reflecting international bankability standards. She is currently leading efforts to unlock financing for solar power projects in Lebanon as Bank Audi also serves as the lead arranger for select 15MW solar farms, which are part of the 180MW first licensing round.

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