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Evolution One Fund

Evolution One Fund is an equity capital fund that targets small- and medium-sized enterprises in the energy and environmental technology sectors. The fund has a total equity of NOK 452 million. Our main co investors include the African Development Bank (ADB), Finnfund, IFC and Consensus Business Group. With its investment in Evolution One Fund, Norfund wishes to contribute to growth in the environmental technology sector in Southern Africa.


  • Company: Evolution One Fund
  • Sector: Renewable energy
  • Investment year: 2009
  • Instrument: Fund
  • Committed amount (MNOK): 31.3