Innova Capital Partners

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Lumni Acquires Paytronage, Bringing ISAs to the US

The startup founded last year in a Wharton dorm room is Accelerator’s fastest acquisition ever

May 7, 2018

Lumni, an international financial technology company focused on increasing the affordability and accessibility of higher education, announced today the acquisition of Paytronage, a 9-month old NYC-based direct-to-consumer marketplace for income share agreements (ISAs) in an undisclosed cash & stock deal…

US Investor forms Colombia Solar Project JV

May 4, 2018

Blue Mountain Renewables (BMR) has signed a JV with New York’s Innova Capital Partners (ICP) to develop a portfolio of small solar assets in Colombia. BMR is part of the Richard Branson’s Virgin Group, and has developed renewable energy projects in Jamaica and Guatemala…

ERCO Energía announces construction of PV Floating Project in Colombia

April 22, 2018

ERCO Energía SAS (ERCO), an engineering, procurement, and construction (EPC) firm and an investment of Innova Capital Partners, LLC (Innova) and Fondo de Capital Privado de Emprendimiento e Innovación SP (FCP), has installed for Empresas Públicas de Medellín (“EPM”) a 100 kWp PV Floating Park in the reservoir of El Peñol…

Innova's ERCO Energía Announces Acquisition of Gensol Energy Management

January 30, 2018

At Erco Energía we are proud to announce that as of February 1, 2018 we have our headquarters in the southwestern part of the country based in Cali, this national expansion begins with the acquisition of Gensol, a well-known company dedicated to the design, construction and maintenance of systems solar photovoltaic and thermal in this area of the country…

Innova Solar Colombia and ERCO Energía develop and build EPM’s initial Solar Project for Tesoro

January 21, 2018

With the installation of 1,568 solar panels, El Tesoro Commercial Park became the first customer to use EPM’s solar energy solution. The project was developed in collaboration with Innova Solar Colombia (ISC), with EPC work completed by ERCO Energía. Both Innova Solar Colombia and Erco Energía are Innova Capital Partners platform companies…

Innova Energy Partners Announces Successful Completion of the LED Conversion of Miami’s Hard Rock Stadium

Hard Rock Stadium, home to the Miami Dolphins, University of Miami Hurricanes, Orange Bowl, the Miami Open, Super Bowl LIV and the 2021 National Championship Game, recently underwent an estimated $500,000,000 stadium-wide renovation. The renovation included a state-of-the-art open air canopy with four spires helping to suspend the canopy 375 feet in the air…

Innova Capital Partners and Ciel & Terre enter into an Agreement to Develop Floating Solar Projects in Colombia

Innova Capital Partners, LLC (“Innova”) and Ciel & Terre (“C&T”), the world leading company in the development of floating PV projects, have signed an agreement to jointly develop floating solar power plants throughout the Republic of Colombia. Innova Solar Colombia (“ISC”), a subsidiary company of Innova, will be the local developer and investor while C&T…

How Colombian Reforms could catalize Renewables Bonanza

Investors are waiting at the gates of Colombia’s emerging solar and wind market – impressed by recent sector reforms, but in need of clarification on the business case for developers. The country could well prove to be Latin America’s richest source renewables source…

Innova Capital Partners Invests in Health Care Firm Jana Care

Innova Capital Partners, LLC (Innova) announced an investment into Jana Care (Jana), a builder of radically affordable, high quality diagnostics for mass screening combined with scalable and culturally adapted behavior change programs for mass management of patients…

Innova Capital Partners and FCP Innovación Join to Invest in Solar EPC Firm in Colombia

Innova Capital Partners, LLC (Innova) and Fondo de Capital Privado de Emprendimiento e Innovación SP (FCP) have announced a concurrent investment into ERCO Energía SAS (ERCO), an engineering, procurement, and construction (EPC) firm specialized in photovoltaic projects in Colombia. The joint investment will provide capitalization for the construction of ERCO solar projects in the region.Colombia…

Goldman Revenue Jumps 50% in Latin America as Hedging Picks Up

Goldman Sachs Group Inc.’s revenue from Latin America surged 50 percent this year as the firm helped to structure one of the region’s biggest infrastructure-financing deals and sold more hedging strategies to clients. “We’re having a record year,” Marc Nachmann, who heads Latin America for the New York-based firm, said in an interview. “All the…

Innova Capital Partners and Goldman Sachs form Joint Venture to Invest in Telecommunications Assets in Colombia

Innova Capital Partners, LLC (Innova) and a subsidiary of The Goldman Sachs Group, Inc. (GS) have announced a joint venture to support the development of telecommunication assets throughout the Republic of Colombia. The joint venture will provide financing to Golden Comunicaciones, SAS (Golden), a Colombian mobile infrastructure designer and developer, for the construction of cell…