To profit with purpose

The overarching mission is to profit with purpose by providing a specialised and experienced financing platform that will structure select investments to accelerate clean and sustainable energy infrastructure, energy and resource efficiency solutions (and related business models and services), and the supply chains that support them, which provide measured positive development outcomes for sub-Saharan Africa’s future.

Gibson Bay Wind Farm

The Gibson Bay Wind Farm is a 111 MW onshore grid-tied wind energy generation project. The project is located at Gibson Bay in the Kouga Region of the Eastern Cape, South Africa. Evolution One Fund held a 30% equity interest in Gibson Bay Wind Farm which was bid in Round 3 of the South African REIPPPP on 19 August 2013 with preferred bidder being announced on 29 October 2013. Inspired Evolution facilitated the successful disposal of Gibson Bay to Enel Green Power at permitted stage in late 2013.

Fund Principals

Mr Christopher Clarke

Fund:

Evolution I

Enterprise Value:

ZAR2 billion (total project capex cost)

Investment Amount:

ZAR1.993 million

Date of Deal Annoucement:

2010

Investment Year:

2013

Investment Partner:

Red Cap Kouga Wind Development Company

Fund Principals

Mr Christopher Clarke

Fund:

Evolution I

Enterprise Value:

ZAR2 billion (total project capex cost)

Investment Amount:

ZAR1.993 million

Date of Deal Annoucement:

2010

Investment Year:

2013

Investment Partner:

Red Cap Kouga Wind Development Company