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.

D.Light Design Limited

Led and co-funded a consortium acquisition of a 34% equity stake via a combined Preferred Series E expansion capital raise and secondary buy-out in d.light Inc. The global market leader in delivering affordable solar-powered solutions designed for off-grid populations and households in the developing world without access to reliable energy. Consortium members included FMO, Swedfund and Norfund.

Fund Principals

Wayne Keast
Steven Faure
Joseph Waiganjo Mwaura

Fund:

Evolution II

Enterprise Value:

USD41.6million

Investment Amount:

USD18million

Date of Deal Annoucement:

2019

Other Portfolio Investments:

Fund Principals

Wayne Keast
Steven Faure
Joseph Waiganjo Mwaura

Fund:

Evolution II

Enterprise Value:

USD41.6million

Investment Amount:

USD18million

Date of Deal Annoucement:

2019