Evolve mitigates risks through pre-negotiated sales, long-term leases with creditworthy tenants, and the ability to resell portable power equipment in a liquid secondary market.

Development timelines for Evolve’s projects range from 8 months to 2.5 years, depending on the project location and power capacity.

Evolve aims for exit strategies that include long-term leases or build-to-sell transactions, with pre-negotiated terms to minimize market risk.

Investments are structured as joint ventures, with Evolve acting as the general partner and co-investing approximately 3% alongside investors.

Evolve focuses on providing faster grid connections for data centers, meeting the increased power demands driven by advancements in AI and digital services.

Evolve has identified a pipeline exceeding $500 million, with an actionable subset of approximately $200 million in the near term.

Evolve partners with financially robust tenants, including data center operators, Big Tech companies, government agencies, and advanced manufacturers.

Evolve's deep relationships with utilities, a boots-on-the-ground approach, and access to off-market sites allow it to secure favorable power contracts and react swiftly to market opportunities.

Evolve focuses on developing, leasing, and operating power transmission assets that supply data centers and advanced manufacturing facilities with reliable power.

Evolve aims to achieve an unlevered IRR of approximately 35% and a 3.0x MOIC over a 5-year term.