Investment Modelling Associate

Elgin; Greater London; On-site; GBP 65,000 - 95,000; Full time

Job summary

Elgin is seeking an Investment Modelling Associate to join our Commercial team and help shape investment decisions across our growing renewable energy portfolio.

Our Modelling team sits at the heart of the Commercial function, delivering high-quality financial models, insightful commercial analysis and investment intelligence that powers strategic decisions.

Qualifications

• Strong consulting, infrastructure, project finance or industry background in a commercially focused modelling role.
• Excel proficiency and its uses in commercial and financial modelling.
• Proven ability to build, interrogate complex models from scratch.
• Experience modelling debt and various debt structures (project finance, HoldCo facilities, refinancing).
• Strong commercial and financial acumen, including funding arrangements and their impact on modelling.
• Ability to provide a commercial view on numbers and business impact.
• Excellent communication skills including report drafting and presentations.
• A finance qualification (CFA/ACA/ACCA) would be an advantage, but not required.
• Knowledge of the renewable energy sector is a plus.

Responsibilities

• Deliver in-depth financial analysis and modelling across the Elgin asset base.
• Perform in-depth analysis and modelling across transactions and deal structuring.
• Lead the group’s commercial modelling, reporting and analysis to controlling shareholder.
• Discounted cash flow modelling for asset valuation, investment appraisal and project-level returns analysis.
• Stakeholder relationship management within the Elgin team, CIP team and external advisors.
• Probe potential financing arrangement scenarios and implications on group and project economics.
• Support go-to-market activities, understand the sales process and due diligence requirements.
• Support the Transaction Team with buy-side and sell-side modelling.
• Assist with forecast modelling and long-range commercial planning.
• Help build modelling knowledge across the wider Commercial function.

Skills

Financial modelling

Commercial analysis

Debt structuring

Stakeholder management

Communication

Education

CFA/ACA/ACCA advantageous

Tools

Excel

Job description

Elgin Values

Core Behavioural Responsibilities For All Employees

Agility We Lead with Agility

Integrity We Act with Integrity

Excellence We Empower Excellence

Care We Value Care

Job Description

Want to shape the investment decisions powering the future of renewable energy?

We're looking for an Investment Modelling Associate to join our Commercial team and help shape investment decisions across Elgin's growing renewable energy portfolio.

Our Modelling team sits at the heart of the Commercial function, a team of 24 talented professionals spanning origination, structuring, transactions and asset commercialisation across Elgin’s international portfolio. As we continue to grow, this is an exciting opportunity to make a real impact by delivering high-quality financial models, insightful commercial analysis and the investment intelligence that powers strategic decisions.

You’ll be at the forefront of evaluating opportunities, supporting investment strategies and helping drive the continued expansion of our renewable energy business. If you’re looking to apply your modelling expertise in a dynamic environment where your work directly contributes to the transition to a cleaner energy future, this is the opportunity for you.

What you will be doing

• Deliver In-depth financial analysis and modelling across the Elgin asset base;
• Perform In-depth analysis and modelling across transactions and deal structuring;
• Leading the group’s commercial modelling, reporting and analysis to controlling shareholder
• Discounted cash flow modelling for asset valuation, investment appraisal and project-level returns analysis;
• Stakeholder relationship management both within the internal Elgin team, with the CIP team and with external advisors;
• Probing into potential financing arrangement scenarios and the implications on the existing group and individual project economics;
• Supporting the group’s go-to-market activities, understanding the sales process and due diligence requirements and providing commercial insight throughout the process;
• Supporting the Transaction Team with both buy-side and sell-side modelling;
• Supporting Group activities in forecast modelling and long-range commercial planning;
• Helping build technical and commercial modelling knowledge across the wider Commercial function and internal teams.

What you will need

• Strong consulting, infrastructure, project finance or industry background in a commercially focused modelling role;
• Excellent knowledge of Excel and its uses in commercial and financial modelling;
• Proven ability to build, interrogate complex models; must be able to construct models from scratch;
• Experience modelling debt and various debt structures (project finance, HoldCo facilities, refinancing) beneficial;
• Strong commercial and financial acumen, including an awareness of funding and financing arrangements and their impact on group and asset-level modelling;
• Ability to provide a commercial view on the numbers and understand the business impact from a commercial perspective;
• Excellent communication skills, including report drafting, delivering presentations and an ability to influence all levels of the business;
• A professionally recognised finance (e.g. CFA) or accounting qualification (e.g. ACA, ACCA) would be an advantage, but not a prerequisite
• Knowledge of the renewable energy sector a distinct advantage but not a prerequisite.

About Us

About Elgin

Elgin is a fully integrated, utility-scale solar and storage Independent Power Producer, developing, building, owning and operating renewable energy assets across the UK, Ireland, Germany, and Italy. With a 10GW+ pipeline spanning solar, co-located and standalone storage projects, Elgin brings projects from origination through development to energisation and long-term operation.

The company has delivered over 1GW of ready-to-build projects, with more than 200MW currently under construction across the UK and Ireland. Elgin is backed by Copenhagen Infrastructure Partners (CIP), which acquired a majority stake in 2024, supporting the company’s long‑term growth and ambition to scale.

Founded in 2009, Elgin operates from offices in Dublin, London, Ulm, and Rome, with a team of over 100 professionals driving the delivery of large-scale renewable energy projects. For more information, visit www.elgin.com.

About CIP

Founded in 2012, Copenhagen Infrastructure Partners P/S (CIP) today is the world’s largest dedicated fund manager within greenfield energy investments. The funds managed by CIP focus on investments in offshore and onshore wind, storage, solar PV, biomass and energy‑from‑waste, transmission and distribution, reserve capacity, advanced bioenergy, and Power-to-X.

CIP manages 13 funds and has to date raised approximately EUR 35 billion for investments in energy and associated infrastructure from more than 200 international institutional investors. CIP has projects in more than 30 countries and more than 2,300 employees across platforms. For more information, visit www.cip.com.