Inspired Evolution

Inspired Evolution is an African investment advisory and private equity firm focused on clean energy infrastructure, project finance, energy access, and resource efficiency, based in Cape Town, South Africa. The firm manages over $850 million, including co-investments, financing more than 10 GW of renewable energy projects and backing 29 companies in 18 African countries. It serves institutional investors, partnering with the IFC, AfDB, Rockefeller Foundation, and Trade and Development Bank Group. Its strategy targets superior returns with climate impact, encompassing utility-scale renewables, distributed generation, and off-grid solutions. The firm recently closed its Evolution III Fund's second round in May 2024 and led a $15 million raise for d.light expansion, founded in 2007 by co-founder Wayne Keast. Its business model centers on private equity and venture capital fund management through its Evolution fund suite, providing advisory services, equity investments, and co-investments in clean energy projects for institutional investors.