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Growing Opportunities for AGI in Ecuador

Andinave Announcement

Elevate Export Finance Corp. (Elevate) is pleased to announce a new funding for AG Growth International (AGI). The financing supports AGI’s project with one of Ecuador’s leading port operators, Andinave, and provides runway for growth into an important market.

AGI is a leading Canadian Agricultural Infrastructure company headquartered in Winnipeg, Manitoba that specializes in providing full solution food infrastructure equipment across seed, fertilizer, grain, feed and food. The company’s advanced solutions are sought after by companies across the globe.

Elevate is thrilled to provide the financing to support AGI in a timely and efficient manner. James Reble, Account Director for this transaction said, “We are very happy to continue supporting AGI’s leading role as an infrastructure player in the port space, amongst other areas. The Guayaquil port expansion is an exciting project and our solution served as an important part in making this project happen. We are proud to support our strong and growing relationship with AGI”.

Several parties, along with the complexity of navigating the Ecuadorian market made this transaction complex. Elevate’s experience and knowledge helped to address the complexity and ensure a successful result for all involved. This funding will enable Andinave to increase storage capacity by 30% and support their growth plans for the existing Guayaquil port.

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