Actis has promoted Abhishek Bansal and Nicolas Escallon, both directors in its energy infrastructure team, to partners in the firm.
Bansal joined Actis in 2012 from the International Finance Corp. and has played a key role in establishing Actis as a leading energy investor in India, providing leadership on sustainability. Bansal was instrumental in setting up Actis’ first renewable-energy business in India, Ostro Energy, which was sold in 2018 as the largest renewables deal in India to date.
He has also played a key role in establishing subsequent renewable-energy businesses in India including Sprng Energy, which is targeting 2 gigawatts of capacity.
In addition, Escallon joined Actis in 2011 from Citi and has recently taken leadership of Actis’ activities in Brazil, one of Actis’ largest markets in assets under management. Escallon was key to building, operating and selling Zuma Energía, one of the largest renewable independent power producers in Mexico.
