Board of Directors

Joseph Zammit, Chairman

The Zammit Group of companies is a long established Maltese, family run endeavor with roots that span almost a century. As managing director of the group, Joseph Zammit follows in his father and grandfather’s footsteps, building on the organization’s considerable portfolio. Originally involved in the trade and distribution of foodstuffs, property development and a ferry service linking the Maltese islands, during the sixties and seventies Joseph steered the organisation’s  interests towards automotive franchise representation and distribution, where it now forms part of one of the largest franchisees on the island. Over the last 35 years or so, Joseph also worked on building strong ties in the Maritime industry, primarily through ship ownership, brokerage, agency and chartering services as well as offshore support and procurement services for clients such as AGIP, Shell, AMOCO and Marathon. During the last few years, Joseph founded Mediterranean Future Energy Ltd., the vessel he intends to use to further diversify the group’s interests in renewable energy initiatives.

Kevin Sara, Board Director

Mr Sara was born in Germany and grew up in Belgium. His obtained a B.A. in Physics from Vassar College (New York) and an MBA from the Ecole National des Ponts et Chaussées (Paris). After working as a management consultant earlier in his career at McKinsey & Co., he co-founded the European Telecom and Media Investment Banking practice at the investment bank Salomon Brothers (now Citigroup), advising governments on privatization and entrepreneurs on entering deregulated markets, and on deploying emerging technologies such as wireless telephony and the internet. Later, at the Japanese investment bank Nomura International, Mr. Sara founded a technology principal investment group and invested in European and US emerging technology companies. More recently, while working on his PhD in Energy Policy at Imperial College (London), Mr. Sara co-founded Hazel Capital, a clean-tech investment management company with investments in public and private clean-tech and renewable energy companies.  Most recently he founded Nur Energie, a company which develops large scale solar energy projects in Greece, France, Morocco and Tunisia, including an innovative solar export project which intends to export solar energy from the Sahara desert to Italy via a submarine cable across the Mediterranean Sea.

Cherif Ben Khelifa, Board Director

Mr. Ben Khelifa's career has been mainly in the oil industry, with over 30 years in various roles in the upstream sector. In the early 80’s he graduated from the leading engineering schools in France, Ecole des Mines de Saint Etienne and IFP (French Institute of Petroleum), and commenced his career in petroleum engineering with TOTAL in Abu Dhabi. He then worked for several well-known oil companies such as Shell, Noble Energy, and Lundin. He successfully contributed to the development, exploitation, as well as decommissioning of several offshore oil fields and has promoted new and innovative offshore techniques for optimized operations. He founded Glory Clean Energy (GCE) in 2010 to develop green and renewable energy activities and participate in the global efforts for the reduction of CO2 emissions. GCE is partner in TuNur and actively participates in the promotion of this leading project. This is in line with Mr Ben Khelifa's goal of finally achieving a small step towards combined economic viability and environmental sustainability.

Alex Phocas Cosmetatos, Board Director

Mr. Phocas-Cosmetatos is the CTO of Nur Energie, overseeing the power plant activities. His expertise lies in concentrated solar thermal and particularly of the tower kind. In Nur Energie, Mr. Phocas-Cosmetatos has overseen the technical solutions of the PV and CSP projects under development and he has been the project manager and overseen all development activities in the MINOS CSP project. Mr. Phocas-Cosmetatos has project development experience as well as technical and financial modelling skills. Prior to his position at Nur Energie, he was a freelance consultant on renewable energy (offshore wind, Electric Vehicles, grid integration) and prior to that he was a fixed-income derivatives trader in Abn Amro, Lehman Brothers and Credit Suisse, between 1998 and 2006. He holds a BA & MSc in Physics from Cambridge University as well as an MEng in Renewable Energy technologies from Loughborough University.