Innova Capital

Innova Capital was established in 2015 as the private equity arm of the group and has extensive experience in identifying, commercialising and structuring investment opportunities in the renewable energy and property sectors. We are a team of over 20 multi-skilled professionals with a ‘blue chip’ background, offering our clients and investors a transparent, institutional quality service, including asset management and reporting, from initial investment through to exit.

We undertake the following activities for our clients and investors:

  • structuring and launching of investment vehicles;
  • sale and acquisition of renewable energy assets and portfolios for Innova Energy and third parties;
  • structuring and sourcing of corporate finance and project finance; and
  • asset and financial management.

Innova sources, evaluates and develops investment opportunities in order to provide industry leading environmental solutions.  We do this either in-house or through collaboration with other developers in structuring these investments. Where possible we seek to enhance investor or landowner returns through the use of available tax incentives such as:

  • the Enterprise Investment Scheme (EIS);
  • Business Property Relief (BPR) to mitigate inheritance tax;
  • Substantial Shareholding Exemption;
  • Entrepreneurs’ and Investors’ Relief; and
  • Capital Allowances.

Our team has extensive M&A experience having previously worked at major City funds and advisors.  Innova has advised on the successful acquisition of numerous operational ground and roof mounted solar sites in the UK.  We also manage operational sites and portfolios on behalf of third parties from initial construction through to exit.  Our clients are developers, asset owners and investors seeking to buy operational or ‘shovel ready’ assets.   The scope of our services typically includes:

  • valuation of assets and portfolios;
  • drafting information memoranda;
  • managing the sales process and data rooms; and
  • negotiation of sale and purchase agreements and other completion documents.

To date, we have advised on the sale of over 100 MWp of ground mounted solar assets, all to UK listed yield funds, with the largest transaction being a 46.6MWp portfolio of 10 sites for £52.9m.

Over the last 18 months we have substantially grown our renewables asset management business, managing in excess of 100 MWp of ground mount and roof top solar installations for Innova Energy and third parties.

Our multi-disciplinary team drawn from engineers, technical and legal advisers has experience in not only operating solar PV assets but also in the design and commissioning of new built assets, as well as carrying out asset rectification works. We take an active approach to site management including regular site visits and weekly calls with maintenance contractors. Working in partnership with our key contractors, equipment suppliers DNOs, local planning authorities and land owners, Innova’s team utilises sophisticated management techniques and processes to realise portfolio aggregation benefits and maximise operational performance. Utilising a consolidated monitoring platform our team undertakes real-time monitoring of each site, and using bespoke software analyses string level data to ensure yield is maximised.

Our finance and administration team provide full scope financial management to Innova Energy and all Innova Group subsidiaries and affiliates. This includes monthly and quarterly accounting and reporting to management and investors, including: tendering key contracts such as PPAs, insurance and O&M; customer billing and collection of PPA; FIT and ROC income; portfolio valuations and investor relations.

Contact The Innova Capital Team

If you would like to talk to us, please send us an email;

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