Capital Projects

Innovo’s capital projects team is expert in arranging export credit finance, supported by various export credit agencies (ECAs), for critical and social infrastructure projects in developing markets. Our role is to organise the finance to fund the project, structure the deal and act as an aggregator, bringing together all the necessary components of a project from design and engineering to construction and commissioning.

We work with the end client – usually a government department or related entity – to fully understand their needs and develop a solution that brings together all the required project components under a single financial package, supported by an ECA.

To facilitate the most appropriate solution for any given project, we can play several different roles, including being the main engineering, procurement, construction and financing (EPC+F) contractor, management contractor, consortium partner or consultant. We help clients to structure deals to meet not just their requirements, but those of all other key stakeholders, and play a critical role in securing the financing required from potential lenders.

We have been operating successfully in the Middle East and in Africa for many years. Our successes include securing one of the largest deals supported by UK Export Finance in sub-Saharan Africa for the design and construction of three hospitals for the Angolan Ministry of Health and the first ever project supported by UK Export Finance in Jordan for the construction of a major garment manufacturing complex.

We operate across all primary infrastructure sectors, including healthcare, education, hospitality and leisure, commercial, power, water, roads, airports, agriculture and industrial.

Sustainability

As we help to deliver projects across multiple sectors and geographies, we understand the importance of our environmental, social and economic responsibilities. We are committed to making a positive impact and we reflect this in our sustainability model which has been designed to influence successful engagement across all touch points, including our clients, delivery partners and shareholders. This is underpinned by our core policies, procedures and values.

Business ethics

We are committed to conducting business honestly and ethically. We take a zero-tolerance approach to bribery and corruption and are committed to acting professionally, fairly and with integrity in our business dealings and relationships everywhere we operate.

Benefits of securing an ECA loan

This type of finance typically provides for a repayment term of up to 10 years, with repayment commencing six months after the completion of the project, but this can be extended up to 18 years for projects in the renewables sector, which includes water. With the support of an ECA, the interest rate applied to the loan is highly competitive and, in some cases, can be fixed for the lifetime of the loan.