Inspired Evolution Investment Management, an Africa-focused investment advisory firm specializing in clean energy infrastructure and resource efficiency, has sold its stakes in South Africa-based renewable energy projects Slimsun Swartland Solar Park, Kouga Wind Farm and Solar Capital De Aar to South Africa-based TriAlpha Investment Management. The firm’s interest in Solar Capital De Aar was held through Fifth Season, a black empowerment investment holding company. Inspired Evolution also sold its indirect stake in South Africa-based Cookhouse Wind Farm to Old Mutual Life Assurance Company (SA). Financial details of the transactions were not disclosed. Separately, Inspired Evolution announced that it had reached a US$90 million first close for Evolution II in December 2016. Investors in the fund include pan-African industrial investment platform Quantum Power, public-private clean energy fund of funds Global Energy Efficiency and Renewable Energy Fund (GEEREF) and development finance institutions FMO and SIFEM.