Finerge Corporate Model

EvoInfra provided financial modelling support to Igneo IP and AXA IM on updating the existing corporate model for Finerge.

Finerge is Portugal’s second-largest renewable energy producer and for over 20 years has worked to provide access to more sustainable energy sources to the world. Finerge operates 69 Wind Farms and 17 PV solar plants located in more than 46 municipalities across Portugal and 3 provinces in Spain. Day and night, more than 770 turbines harness the energy of the wind, and thousands of photovoltaic modules that collect energy from the sun, transforming it into clean electricity at a rate of 3.200Gwh. All this means that more than 1,661 k tons of CO2 emissions are avoided.

Zuzanna Ajchel-Golinowska, Igneo IP – “It was a pleasure working with EvoInfra, who used their in-depth knowledge of financial modelling to analyse and improve the company’s valuation model. EvoInfra presented visual outputs summarising the computational load of various sections of the model and adjusted the macro code to deliver significant improvements in the speed. EvoInfra’s work has helped make a large model quicker and more efficient to use.“