Setor Lassey, a Director in CDC’s Funds and Capital Partnerships team covering Africa noted, “Investing in clean energy is a key priority for CDC and investing in Evolution II Fund will increase access to rewewable energy across Sub-Saharan Africa, helping to tackle climate change. We look forward to a collaborative and productive partnership.”
According to Mark Davis, EVP Clean Energy at Norfund, the investment is “expected to contribute towards improved energy access and reduced carbon emissions across Sub-Saharan Africa. “
“ We are delighted with this additional support and recognition given by the market to Inspired Evolution. These final commitments are testament to the successful demonstration of our investment thesis and performance having achieved top-quartile returns under our first Evolution One Fund,” said Christopher Clarke, Co-Managing Partner at Inspired Evolution.
The Inspired Evolution platform was established in 2007 by Christopher Clarke and Wayne Keast who raised $90 million for Evolution One Fund in 2008. Evolution One made 12 investments and has developed and sold more than 922 MWs of clean energy projects. The funds invest in affordable, least-cost, low-carbon clean energy infrastructure projects and
promote growth in resource efficiency technologies, products and businesses.
