Power Capital names Anderson MD

The private equity firm has named Douglas Anderson as managing director and director of research and due diligence.

Power Capital Partners (PCP) has named Douglas Anderson as managing director and director of research & due diligence in charge of leading investment research and project due diligence activities, the private equity firm said in a statement.

Anderson will also serve on the PCP investment committee, the statement said.

“We are very excited that Doug has joined the PCP team and brings his long and diverse international power project development and asset management experience which will significantly enhance and expand our global investment capabilities,” said Jeff Hunter, managing partner of PCP.

Anderson has more than 30 years of experience in the power, energy and infrastructure sectors in various capacities, including engineering, business and project development, project financing, and asset and risk management. Most recently, he held senior positions at two international companies, Enerkem and agri.capital, both of which focused on developing and operating waste-to-energy facilities, according to the statement.

Previously, Anderson was a managing director in the Structured Finance Group at GE Capital (GE SFG) where he began his career managing a portfolio of domestic gas-fired and geothermal power plants representing a total investment of about $1.5 billion.

Anderson later managed the GE SFG international portfolio which represented a total investment of about $3.0 billion in more than 20 countries. The international portfolio included investments in P.T. Paiton Energy Company (Indonesia), UCH Power (Private) Limited (Pakistan), Quezon Power Limited Co. (Philippines) and Dabhol Power Company (India).

In addition, Anderson held directorships on the boards of various power project companies, including Electropaz (Electricidad de La Paz S.A.) (Bolivia), Trinidad and Tobago Methanol Company and Aluminium Dunkerque (France).