New Sparta Asset Management, an emerging markets investment manager, is beefing up its Africa-focused energy unit with the hire of three senior executives. As well as sourcing, developing, constructing and operating power projects on the continent, New Sparta Energy also advises its parent company on the implementation of its investment strategy and management of its assets.
David Anson has been hired as Director and Head of Development, Richard Scott as Project Director and Camille Astier will as Legal Director. All three bring significant Africa energy investment and development experience to their new roles, having worked for some of the leading firms in the sector.
Anson’s has spent his 25-year career focused mainly in emerging markets, where he has led development and investment teams responsible for raising over $600 million for several thermal, hydro, wind and solar PV projects. Most recently, he was the Regional Manager in charge of Southern African project development and investment opportunities for eleQtra, the sub-Saharan Africa-focused project developer. Prior to that, he had spent 20 years at AES Corp in a number of project finance and development roles in Africa, Europe and Asia.
Scott joins New Sparta Energy from Joule Africa, where he was a project developer working on hydro power projects in West Africa. In a 14-year career, he has worked in Asia, the Middle East and Africa, including a period at Berkeley Energy, where he helped raise the $200 million Africa Renewable Energy Fund.
Astier has spent her career working for several leading international law firms advising financial sponsors and lenders on multiple leveraged finance emerging market and other cross-border deals. She too has worked at Berkeley Energy, acting as General Counsel at the Africa Renewable Energy Fund and being responsible for all legal matters relating to the fund and its investments.
All three will be based in New Sparta’s London office, reporting into New Sparta Energy’s Managing Director, Bill Barry.