African Design Magazine ADM #37 February 2018 | Page 34

Alten Africa offers Evolution II Fund investment opportunities in 225 MWp of construction-ready and advanced projects in three of its priority countries with an additional 400 MWp pipeline of opportunities underway in select targeted countries within the region. Alten Energias Renovables is an experienced international solar PV developer and IPP targeting ambitious capacity expansion in sub-Saharan Africa with a strong track record in southern Europe and more recently in Africa and Latin America, where it has won projects in fiercely contested public-private auction environments. Christopher Clarke, Managing Partner at Inspired Evolution, confirmed that numerous a ributes of the Alten-Inspired Evolution partnership make it a powerful force in the sub-Saharan African renewable market. “Together we offer the aggregation of regional and international market knowledge, multi-disciplinary skills and credentials with over 1 GW of collective clean energy track record. Additional features of the partnership include demonstrated procurement competitiveness, development capital efficiency, geographic diversification and best-practice environmental, social and governance approaches to enhance development impact”. Clarke sees the deal with Alten as a major milestone. “We couldn't have had a be er start in demonstrating Evolution II 's implementation of the Inspired Evolution investment strategy to replicate partnerships with pedigreed development partners that have demonstrated success in the regional market”. Juan Laso, Executive President at Alten Energias Renovables, pointed out that the partnership with Inspired Evolution “consolidates the venture Alten initiated 5 years ago in sub-Saharan Africa. The experience of Alten, together with the local knowledge, capacity and vision of Inspired Evolution, create a perfect combination to succeed and to satisfy the vast energy needs of the region with solar PV technololgy”. 34 africandesignmagazine.com