Industry Newsroom

Inspired Evolution Raises USD216 Million at Final Close for Evolution II Fund

Africa-focused energy infrastructure investor Inspired Evolution has attained a final close with USD216 million in commitments for its Evolution II Fund. The fund’s twelve investors include CDC Group, Cyane Holdings, the European Investment Bank, KLP Norfund Investments, and Morgan Stanley Alternative Investment Partners, among others. Evolution II Fund will invest in clean energy infrastructure and resource efficiency opportunities across Sub-Saharan Africa.