Case study · Renewable energy

Financial Modelling and Investment Collateral for a Utility-Scale Renewable Energy Project.

Develop a robust project finance model with scenario analysis, and investor-ready materials to support capital raising and lender discussions.

The client

A European project development team preparing to raise capital for a utility-scale renewable energy asset, needing end-to-end support on financial modelling and investment presentation.

Objective

Develop a robust project finance model with scenario analysis, and investor-ready materials to support capital raising and lender discussions.

Our role

We led a full-cycle engagement covering the financial model build, risk analysis and collateral, so the project was investor-ready and aligned with industry benchmarks.

The challenge

  • No existing financial model to evaluate project viability
  • Limited internal bandwidth for in-depth scenario testing
  • Need for detailed CAPEX and OPEX assumptions, cash-flow forecasting and tax structuring
  • No investor-grade materials to articulate the investment case

Our approach

  1. 01

    Input and assumption framework

    • Built dynamic input sheets covering capital costs, O&M, depreciation, inflation and tax
    • Benchmarked pricing, yields and regulatory factors against the industry
    • Structured scenario toggles to model sensitivity across generation cases
  2. 02

    Financial modelling and structuring

    • Prepared full financial statements
    • Incorporated debt structuring, loan repayments and funding-eligibility compliance
  3. 03

    Sensitivity and risk case analysis

    • Delivered multi-case scenarios to test equity IRR, NPV and payback sensitivity
    • Created return visualisations and waterfall analyses for investors
  4. 04

    Presentation and investor collateral

    • Developed concise, data-rich slides on key metrics and financial insights
    • Presented the commercial model, return potential and viability for investors and lenders
    • Packaged model outputs into an investor-grade pitch

Outcome

  • A fully auditable model with scenario flexibility
  • Faster investor engagement, with technical inputs turned into strategic outputs
  • Much shorter turnaround on financial and risk scenario iterations

They turned our technical vision into a clear, compelling investment case. The financial model was robust, intuitive, and investor-ready, helping us engage capital partners with confidence and speed.

Head of StrategyRenewable energy, Greece