Having completed dozens of projects internationally since 2007, including many many under a project recovery mandate, our co-founding director Justin Sollitt shares these key facets that are Genco Energy's core points of difference in the business of power projects and project recovery;
Genco are no-nonsense - the 'Red Adair' of power-gen is our reputation;
- We bring to our clients the energy and drive of a results orientated owner-operator fixed term project team. We do not come as employees looking for a job.
- We have an entrepreneurial drive and 'can do' attitude that is instilled in all our people.
- We bring solutions to the project, we do not come as part of the problem, and our egos are left at home.
- Projects require good governance, but we never let process become the core business.
- We are international but not corporate. In today's world of institutionalised corporate speak our people only understand; schedule - cost - results - quality - reputation - compliance.
Project Recovery is comparable to a lead surgeon or deployment to war;
- Because when a project is distressed - nobody values inexperience, no matter how low the price or a willingness to learn.
- Genco projects are successful because of old fashioned experience, know-how and tenacity.
- Our people are used to deployment to remote and difficult projects often for months at a time.
Genco stakes is reputation on every project;
- Because our reputation is only ever as good as our last project.
- Critically the open market does not provide testimonials for under performance.
Genco brings an equal balance of strong commercial and technical experience;
- A very rare quality these days, as most people are biased towards either one or the other.
- Genco are experienced across all facets of projects both technically and commercially.
- Genco founding directors bring considerable commercial knowledge and experience across all facets of business / projects - from SME's to publicly listed companies and SOE's.
Technical qualifications are important, but practical experience is essential;
- We value people's experience, initiative and attitude ahead of their qualifications.
- We are strong in people management and adaptability, especially running a large project/construction teams up to 250 personnel.
- We have strong international experience, especially in developing countries.
- We are comfortable in operating from the boardroom to the site office, including with media and P/R.
Critically, Genco treats its client's money as if it's their own;
- Genco has a strong commercial focus and capability that is essential to successful project delivery.
- We are experienced in ‘hard dollar’ contracting - fixed schedule and cost are at the core of our projects.
- We are effective with contracts management and cost control.