Evolve was founded in 2021, merging several predecessor ventures that focused in power development for the blockchain industry.  

Since then, Evolve has expanded its site portfolio to include several key locations, which it actively manages for blue-chip high-powered compute and blockchain clients, via long-term contracts.  

The company is additionally deploying capital to develop its dynamic pipeline of off-market, assets able to provide 200 megawatts and above.  

Evolve anticipates having several additional transmission-level assets available by mid-2025 through 2027.