Abacus - A Free Bankable Solar and Wind Financial Model

Abacus:
A free, open-source financial model for solar, wind, and other renewable energy projects.

What is Abacus?

Abacus is a free professional and bankable Excel financial model, built to unlock project finance investments in renewable energy sources.

Built By Finance Professionals

Built to meet the requirements of debt and equity providers, Abacus includes linked financial statements, covenant compliance, and summary charts and tables for easy presentation.

Highly Customizable

Built in Excel, an easy to follow structure and straightforward calculations allow for the seamless addition of project-specific features such as fee structures, taxes, depreciation, reserve accounts, and more.

Maximize IRR and Leverage

Monthly cash flow calculations (with quarterly and annual financial statements) make the most efficient use of seasonal or intermittent energy sources such as solar PV and wind. VBA macros maximize a project’s ability to tailor cash flows around key metrics and covenants.

Ready To Present

With pre-built summary charts, tables, and quarterly/annual financial statements, Abacus provides templates for all information required for investor and lender presentations.

Built-In Error Checking

Over a dozen error checks are built directly into Abacus, helping analysts immediately identify and resolve problematic calculations, and establishing confidence that projections are calculated correctly.

Effective, Easy to Understand VBA Macros

Abacus includes simple, yet effective VBA macros for sculpting debt to a target coverage ratio, and for maximizing leverage within the constraints of financial covenants. Sculpting debt service and maximizing leverage at a monthly level maximize project IRRs. These macros can be adjusted, as necessary, to account for additional covenants or criteria.

Abacus:A free, open-source financial model for solar, wind, and other renewable energy projects.