New Sparta Asset Management to target Power Africa opportunities


A subsidiary of New Sparta Asset Management, New Sparta Energy (NSE) was established in 2017 to identify, develop, build and operate power generation assets in Africa, with a focus on renewables, and to sub-advise NSAM on Africa strategy. Our in-house team of highly experienced professionals have collectively spent decades originating and managing private sector power investments on the continent, from early stage development through operations, including over $800 million of financial closings.

NSE helps address the African market’s growing demand for bankable, de-risked projects by applying this proven expertise to the development, financing and construction of power generation facilities – all while strictly adhering to the highest ethical standards and applicable international and local environmental and social requirements. After demonstrating successful operations, these projects will be marketed for sale, either individually or as regional or technology-grouped portfolios, to buyers with appetite for operating power generation assets.

NSE primarily invests in projects up to financial close, including early stage development, but will consider alternate entry points.  We are actively appraising and developing an attractive pipeline of projects, sourced through our principals’ deep market relationships, and maintain an investment in African Plantations for Sustainable Development (APSD).  APSD, a development-stage 60 MW biomass-fired power station in central Ghana, is expected to employ over 1500 local citizens when operational.