Notice. Educational and marketing content only. FG Capital Advisors provides advisory and financial modelling services and may act as advisor and placement agent through regulated partners where capital raising is in scope. We are not a bank, broker dealer, or direct investor. Any transaction that involves securities depends on KYC and AML checks, sanctions screening, technical and legal review, investor appetite, and definitive documentation with regulated entities.
Financial Modelling For Renewable Energy Projects
We build and review financial models for renewable energy projects so sponsors, lenders, and funds can underwrite solar, wind, and storage based on credible cash flows. That means full project finance models with P50 and P90 cases, DSCR, LLCR, and PLCR, merchant exposure, curtailment, degradation, and reserve mechanics that actually tie back to PPAs, CfDs, grid rules, and capital structures.
Share your project, revenue framework, and model requirements. We respond with a modelling scope that supports lender or investment committee approval and, where needed, can link directly to project finance debt structuring and capital raising through our regulated partners.
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Who This Renewable Energy Modelling Service Is For
Target Client Profile
- Renewable energy developers and IPPs preparing non recourse or limited recourse project financings for solar, wind, storage, or hybrid assets.
- Infrastructure and energy funds that need independent model build or review for acquisition, refinancing, or portfolio monitoring.
- Lenders and credit funds that want a model that reflects PPA or CfD terms, grid rules, curtailment risk, and realistic downside cases.
- Utilities and offtakers assessing counterparty projects where an independent model view supports credit decisions or long term commitments.
Situations That Sit Outside This Service
- Very early concept projects with no site, no interconnection route, and no clear revenue framework.
- Pure technology ventures without a specific project or contractual cash flow structure.
- Retail investment schemes that target small ticket investors without proper risk disclosures or governance.
- Personal investments or small rooftop systems that do not rely on project finance style structures.
What FG Capital Advisors Does On Renewable Energy Models
Model Build For Solar, Wind, And Storage
- Translate resource assessments, PPAs or CfDs, grid connection terms, and capex and opex budgets into a time based project finance model with construction and operating periods.
- Set up cash waterfalls, debt service schedules, and reserve accounts that match term sheets and lender expectations for DSCR, LLCR, and PLCR sizing.
- Model different tariff structures including fixed, indexed, tiered, floor and collar, and blended PPA plus merchant cases.
- Capture degradation, availability, curtailment, imbalance risk, and auxiliary consumption so energy output and revenue are not overstated.
Lender And Investment Committee Readiness
- Align model outputs with information memoranda, credit papers, and investment committee materials so every number can be traced.
- Build base, lender, and downside cases, including P50 and P90 production cases, price stress, capex and delay stress, and combined scenarios.
- Produce ratio and headroom analysis that shows how DSCR, LLCR, PLCR, and distribution capacity behave under shocks.
- Support calls with banks, DFIs, funds, and rating advisers on model logic, risk drivers, and how structure responds to changes in output or price.
Modelling Scope And Technologies
Solar PV And Wind Projects
- Utility scale solar PV and onshore wind with long term PPAs, CfDs, feed in frameworks, or merchant exposure.
- Commercial and industrial solar with bundled supply contracts, rooftop leases, or behind the meter structures.
- Curtailment, degradation, wake effect, and availability assumptions grounded in resource studies and historical data where available.
Storage And Hybrid Structures
- Standalone battery energy storage systems with capacity payments, arbitrage strategies, ancillary services, or mixed revenue stacks.
- Co located solar or wind plus storage with shared interconnection and combined dispatch logic.
- Constraints around cycling limits, degradation, augmentation capex, and warranty conditions embedded in the model.
Refinancing, M&A, And Portfolio Models
- Asset and portfolio models that combine multiple projects, vintages, and contracts across several jurisdictions.
- Refinancing models that test new pricing, tenors, and debt sizing based on operating history and updated resource views.
- Models for acquisitions and disposals where buyer and seller need a clear view on cash generation and debt capacity.
Where We Do Not Focus
- Highly speculative technology concepts without proven performance, reference projects, or a clear revenue scheme.
- Short term trading strategies that require complex dispatch algorithms or proprietary trading engines rather than project models.
- Very small residential systems that do not justify full project finance modelling.
Renewable Energy Modelling Engagement Process
| Stage 1: Scope And Objectives | We review the project or portfolio, revenue framework, and target capital structure. We clarify whether the mandate is a new build, a rebuild, or an independent review, and whether the primary audience is lenders, investment committee, or both. |
| Stage 2: Engagement Terms And Data Request | Once the scope is clear, we agree a mandate, work scope, fee structure, and timetable. We issue a data request covering resource reports, PPAs or CfDs, grid connection documents, EPC and O and M contracts, capex and opex budgets, and any existing models. |
| Stage 3: Model Build Or Review | For new builds we design the structure, time axis, cash waterfall, and debt sizing logic, then populate with agreed assumptions. For reviews we test logic, check links to contracts and resource data, and highlight issues that could block approvals. |
| Stage 4: Scenarios, Ratios, And Case Definition | We build sponsor, lender, and downside cases, including P50 and P90 cases and combined stress scenarios. DSCR, LLCR, PLCR, and distribution tests are calibrated to give a clear view on headroom and break points. |
| Stage 5: Lender And IC Use | We align key outputs with information memoranda or investment papers and, where requested, join discussions with banks, DFIs, funds, or rating advisers to explain logic and scenario behaviour. |
| Stage 6: Handover And Ongoing Support | We hand over the Excel model, documentation, and outputs, and can provide walk through or training sessions. Follow on support and updates can be agreed for refinancing, waivers, or further acquisitions. |
Timelines depend on technology, contract complexity, quality of source data, and whether we are building from scratch or reviewing an existing file.
Inputs And Deliverables
Baseline Eligibility
- A defined project or portfolio with identified sites, grid connection routes, and a clear revenue framework such as a PPA, CfD, tariff regime, or merchant strategy.
- Capex and opex estimates at least at concept or pre FID level, with a realistic view on contingency and risk sharing.
- Basic resource and technical work, for example solar or wind resource assessments, network studies, or interconnection offers.
- A sponsor or lender team able to engage on assumptions, supply documents, and respond to questions during the build.
Core Inputs And Model Outputs
- PPA, CfD, or other revenue contracts, grid and interconnection documents, EPC and O and M contracts, and major supply or land agreements.
- Resource reports, production assessments, degradation curves, and any historical operating data for existing assets.
- Financing term sheets or target structures that set out leverage, pricing, covenants, reserve accounts, and distribution tests.
- Model outputs including financial statements, cash waterfall, debt schedules, ratio analysis, distributions, and scenario packs agreed at the start of the mandate.
Fees And Engagement Parameters
| Typical Project Size | Most mandates involve projects or portfolios with total capex from around 30 million dollars upward. Smaller projects are considered where the structure still calls for a full project finance model. |
| Technologies | Ground mounted and rooftop solar PV, onshore wind, selected offshore wind and emerging technologies with credible reference projects, battery storage, and hybrid combinations of these. |
| Engagement Types | New build project finance models, independent model reviews, refinancing and waiver support, acquisition models, and portfolio or holdco models. |
| Stakeholders | Sponsors and IPPs, infrastructure and energy funds, commercial banks, DFIs, ECAs, credit funds, and utilities or offtakers that require a consistent analytical base. |
| Core Deliverables | Excel model with clear structure and checks, assumption book, output tables, ratio analysis, and scenario summaries. Where requested we also prepare lender or investment committee slides that tie directly to model outputs. |
| Fee Approach | Fees are usually structured as a fixed or staged work fee based on sector, scope, and complexity. Where our modelling supports a capital raise with regulated partners, an additional success based component may apply, agreed before work begins. |
If you are preparing a renewable energy transaction and need a lender grade model or a serious review of an existing file, send us a short note on the asset, revenue framework, jurisdiction, and target capital structure together with any current model. We will respond with a proposed scope, timeline, and fee range, and where relevant how modelling work can support debt structuring and placement through our regulated partners.
Request A Modelling ProposalFAQ
Do you only work on fully contracted projects or also merchant and partially contracted cases?
We work on fully contracted, partially contracted, and merchant exposed projects as long as the revenue logic is clear. For merchant or mixed cases we place particular emphasis on price scenarios, capture effects, and headroom under downside views.
Which software do you use and who owns the model?
We build models in Microsoft Excel because it remains the standard for most lenders and funds. On completion you receive the model and supporting documentation. You own the file and can adapt it over time, subject to any agreed protection on reusable checking tools we deploy across mandates.
Can you support portfolio and platform level modelling for renewable energy platforms?
Yes. We build portfolio and holdco models that roll up multiple projects, vintages, and jurisdictions. These can support back leverage, stapled equity, or platform level transactions, with clear links back to underlying project models.
Do you cover both construction and operating phase risk?
Yes. Models capture construction schedules, capex phasing, interest during construction, contingencies, and delays as well as operating phase risk such as production, curtailment, and price exposure. For operating assets we also incorporate historical data where available.
How do you price renewable energy modelling mandates?
We quote based on project size, technology, jurisdiction, and whether the work is a new build or a review. Most engagements use a fixed or staged work fee. Where modelling supports a live capital raise with regulated partners, we may add a success based component for that part of the work with clear terms at the outset.
Disclosures. FG Capital Advisors provides advisory and financial modelling services and may arrange capital through regulated partners. Nothing on this page is an offer or solicitation to buy or sell securities or to invest in any project or fund. Any engagement is subject to internal approval, conflict checks, KYC and AML and sanctions screening where required, independent legal and tax advice on your side, and the terms of a formal mandate, term sheet, offering documents, and final transaction documentation.
