DFC announces investment in Inspired Evolution fund
LP commits $25 million to the Evolution III fund
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The U.S. International Development Finance Corporation (DFC) has committed a $25 million equity investment to the Evolution III Fund, managed by Inspired Evolution.
This capital injection will allow the fund to invest in clean energy infrastructure, expand energy access, and promote resource efficiency across Africa.
Evolution III Fund announced its second close in June 2024.
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