Press release

African private equity firm, Inspired Evolution, achieves second close of Evolution III, its third energy transition net-zero climate impact fund

May 31, 2024

Inspired Evolution, a leading Pan-African climate-centred private equity firm specialising in clean energy infrastructure and energy and resource-efficiency investments, is proud to announce the second close of its Evolution III Fund on 31 May 2024.

Evolution III welcomes commitments from ten new investors, including Mauritius Investment Corporation (MIC), which committed up to USD 20 million, and nine investors through Align Impact, a dedicated impact advisory firm comprising a mix of individuals, trusts, and foundations.