Canopy Modelling Services — Financial modelling advisory

What we do

From a blank sheet to a model your investment committee can rely on.

Four core capabilities — engaged standalone or end to end. Each one is delivered as a clean, transparent, auditable model your team can own.

Model build, rebuild & structural work

New-build models from first principles, and structural overhauls of models you've inherited or outgrown. We architect clean, modular structures — SPV templates, integrated three-statement engines, consolidation and cash-flow waterfalls — and rebuild fragile or over-complex files into something maintainable. Where a model has grown unwieldy, we simplify it without losing rigour.

Model architecture & standards
Legacy rebuilds
Consolidation & waterfalls
Model audit & simplification

Valuation & asset-management modelling

Mark-to-model valuation and ongoing NAV tracking for single assets and multi-asset portfolios. IRR and value attribution by vintage and asset type, sensitivity and scenario engines, and periodic valuation packs your investment committee can sign off on — built to be refreshed each reporting period, not rebuilt.

Holdco & portfolio NAV
IRR & value attribution
Sensitivity & scenario engines
Quarterly IC reporting

Project finance & capital-raise modelling

Lender-grade project-finance and acquisition models: debt sizing and sculpting to DSCR and gearing covenants, drawdown and interest-during-construction schedules, reserve accounts and cash sweeps, and full base / banking / sponsor cases. Audit-ready models to support financial close, refinancing, and equity and debt raises.

Debt sizing & sculpting
Base / banking / sponsor cases
Financial close support
Refinancing & capital raises

Portfolio-company modelling support

Embedded modelling capacity for portfolio companies and subsidiaries held by funds, family offices and corporate groups — businesses that don't carry a dedicated modelling function of their own. We plug in on demand and step back out when the work is done: maintaining and evolving the company's models, running bespoke analyses, or joining on secondment to sit in-house and provide financial-modelling capability for as long as it's needed.

Fund & family-office holdings
On-demand, plug-in / plug-out
In-house secondment
Operator dashboards

How we work

A structural discipline, applied to real-asset economics.

A model is only as valuable as it is trusted. Ours are designed to be understood, pressure-tested and defended — long after we've handed them over.

01

Structure first

Every engagement starts with architecture: clear inputs, transparent calculation, traceable outputs. Discipline in the structure is what makes the numbers hold up under scrutiny.

02

Real-asset fluency

A decade across energy, infrastructure, industrials and natural resources means we speak the operational language of each sector — not just the spreadsheet.

03

Built to be owned

We deliver models your team can run, extend and defend: documented, tested, and free of black boxes. No dependency on us to keep them alive.

Sectors

Manufacturing

Plant-level unit economics, capacity, utilisation and carve-out modelling for industrial businesses.

Renewables — wind, solar & storage

SPV portfolios, merchant and PPA capture, co-located battery storage and curtailment.

Infrastructure & construction

Availability-payment PPPs, concessions, drawdown and lifecycle-maintenance structures.

Ports & shipping

Throughput build-ups, tariff and concession economics, terminal and crane capex phasing.

Mining

Life-of-mine schedules, commodity-price scenarios, staged development capex and offtake.

Agriculture

Yield and price cyclicality, biological assets, replanting cycles, land vs. operating-business value.

Selected work

A sample of team experience & engagements.

Family Office

Iberia · ES / PT

Renewables — wind, solar & storage

Holdco valuation for a 14-SPV renewables portfolio

Rebuilt a fragmented set of files into a single holdco valuation model consolidating fourteen operating and under-construction onshore-wind, solar-PV and co-located battery SPVs. Introduced a modular SPV template feeding a group cash-flow and covenant waterfall, senior and shareholder-loan tranching, a NAV bridge and IRR attribution by asset vintage, plus a sensitivity engine on merchant and PPA capture prices and curtailment. Output as a quarterly mark-to-model NAV pack for the family's investment committee.

Portfolio consolidationNAV & IRR attributionSensitivities

Private Equity Fund · GP

Benelux · NL / BE

Ports & shipping

Acquisition model for a container-terminal concession

Built an integrated three-statement acquisition model for a container-terminal concession. Volume build-up by shipping line and TEU throughput, tariff escalation, concession-fee and phased capex for a quay and crane extension; senior debt sized to DSCR and gearing covenants; an LBO returns waterfall with a management incentive pool; and a downside case on volume shock and refinancing risk. Used to underwrite the equity ticket and support lender discussions.

Throughput build-upDebt sizingLBO waterfall

Corporate Development · M&A

Germany · DE

Manufacturing

Carve-out rebuild for a multi-plant industrials business

Structural rebuild of a legacy carve-out model for a multi-plant industrial-components business. Separated stranded costs and TSA schedules, built plant-level capacity, utilisation and unit-economics drivers, a standalone cost base and normalised working capital, synergy phasing and integration capex, and a purchase-price allocation with pro-forma leverage. Delivered a board-ready valuation range with a bridge from standalone to synergised value.

Carve-out & TSAPlant unit economicsSynergy bridge

Infrastructure Fund

UAE · Abu Dhabi

Infrastructure & construction

Project-finance model for an availability-payment PPP

Lender-grade project-finance model for a social-infrastructure DBFM concession on an availability-payment basis. Construction drawdown and interest-during-construction, an availability-and-deductions mechanism, a lifecycle major-maintenance reserve, DSRA and a cash sweep; senior debt sculpted to a target DSCR with a mini-perm refinancing. Delivered a full lender base case, banking case and sponsor case with audit-ready sensitivities for financial close.

DBFM / PPPDebt sculptingFinancial close

PE Fund Owner · GP

Nordics · SE / FI

Mining

Life-of-mine valuation for a battery-minerals asset

Valuation and asset-management model for a battery-minerals development asset. A life-of-mine production schedule tied to reserve depletion and grade, processing recovery, opex per tonne and sustaining capex; commodity-price scenarios and offtake pricing; staged development capex with contingency; and post-tax NPV and IRR with a decision tree on expansion versus farm-down. Refreshed periodically to steer the hold-or-sell decision.

Life-of-mine scheduleCommodity scenariosFarm-down analysis

Family Office

France · FR

Agriculture

Retained modelling desk for an agribusiness group

Built and now maintains a multi-asset agribusiness valuation and cash-flow model spanning permanent crops and processing and storage. Yield and price cyclicality by crop, weather-driven downside cases, replanting-capex cycles and biological-asset treatment; a land versus operating-business value split; and a consolidated funding plan with covenant headroom. Delivered as a maintainable model with a driver dashboard for the family's operators, supported on a retained basis.

Biological assetsOperator dashboardRetained support

Who we work for

Owners and decision-makers — often where internal modelling is thin.

We work directly with the people accountable for the numbers: those holding assets with limited in-house modelling resource, and those who need an inherited model made trustworthy again.

01

Private equity & infrastructure funds

GPs and fund owners underwriting, holding and reporting real-asset positions — including vintages with lean modelling teams.

02

Corporate development & M&A teams

Deal teams that need fast, defensible acquisition, carve-out and integration models.

03

Family offices

Direct and co-investment portfolios that need independent, maintainable valuation and reporting.

04

Portfolio companies & joint ventures

Held businesses, subsidiaries and JVs that need a model built, maintained or made trustworthy again — including shared joint-venture models we keep current so every partner works from the same numbers.

05

Corporate owners & founders

Owner-managers who need institutional-grade modelling without building an institutional team.

06

CFO, CEO & CIO offices

Leadership teams pressure-testing business plans, financing structures and strategic options.

Careers

A small, senior team that cares about craft.

We do a narrow thing exceptionally well: models that stand up to scrutiny. That focus shapes how we work — you'll be close to clients and real transactions from the start, across Europe and the Middle East, with the mentorship and autonomy a lean team makes possible.

We value precision, intellectual honesty and calm under deadline, and we protect the time it takes to do the work properly. Good ideas win regardless of who has them, and we'd rather ship one model we're proud of than three we're not.

PrecisionIntellectual honestyDirect client exposureMentorshipAutonomy

Current openings

Now hiring

Modelling Analyst

2–3 years' experience · London / Abu Dhabi · hybrid

Join a lean advisory team building institutional-grade financial models across renewables, infrastructure, industrials and natural resources. You'll build and rebuild three-statement and project-finance models, run valuation and sensitivity analyses, and work shoulder-to-shoulder with senior advisors and clients.

You'll likely have

A degree in finance, economics, engineering or a related quantitative field
2–3 years in project finance, transaction services, restructuring, infrastructure or energy advisory, audit, or a fund modelling role
Advanced Excel and fluency in three-statement and project-finance modelling — debt sizing, sculpting and waterfalls
A structural, disciplined approach to model design and documentation
Strong attention to detail and the confidence to own your work
Fluent English; a second European language or Arabic is a plus
VBA or data tools (Python, Power Query) welcome, but not required

Apply — send your CV →

Let's talk

Building from scratch, rescuing a model, or need capacity on call?

Email

contact@canopymodelling.com

Offices

London · Abu Dhabi

Coverage

Western Europe & the Middle East