Evolution II Fund partners with Building energy to launch a newly branded IPP

Tunisia to join International Solar Alliance

MENA – Inspired Evolution’s Evolution II Fund, has patnered with Building Energy’s management, to launch  the newly branded integrated IPP, Red Rocket, after a succcesful buy-out of Building Energy’s Africa and Middle East business.   The new joint venture will see the re-capitalisation and positioning of Red Rocket to become one of Africa’s leading emerging renewable energy independent power producers (IPPs).   Evolution II holds a majority shareholding in the reconfigured IPP platform and is advised by Inspired Evolution, an Africa-focused investment advisory firm that specialises in clean energy infrastructure and resource efficiency…

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