What Evolution Infrastructure does

Evolution Infrastructure Limited ("EvoInfra") is a London-headquartered independent financial advisory and modelling firm serving the infrastructure and energy sectors. Incorporated in England and Wales in 2022, the firm was established by Simon Johnson, Daniel Tyerman and fellow partners who collectively brought over two decades of PPP/PFI, OFTO and infrastructure project finance experience from prior senior roles at DWPF, Serco, Local Partnerships, Dexia, Lend Lease, John Laing, KPMG, Corality/Mazars and other institutions. In 2026 the firm announced it had joined the Steer Group alongside Amberside Advisors, becoming part of Steer's specialist infrastructure and energy financial advisory platform.

The firm's core offering comprises four integrated service lines: Financial Advisory (project development and financing, corporate M&A, capital raising and refinancing mandates), Financial Modelling (bespoke best-practice financial models and tools for investors, developers, corporates and the public sector), Model Audit (independent assurance over model integrity for sponsors and lenders), and Modelling Training (classroom-based professional development including a partnership with UCL's MSc Infrastructure Investment and Finance programme). The technical basis is a proprietary set of modelling methodologies and best-practice frameworks developed through extensive transaction experience, applied across energy transition (solar PV, BESS, offshore wind, EV charging, hydrogen, energy-from-waste), transport, social infrastructure & PPP, digital infrastructure, regulated utilities, and real estate.

EvoInfra operates a professional-services business model in which client engagements are quote-based and negotiated on a project-by-project basis, with revenue earned from advisory fees on completed transactions, modelling fees, audit fees and training programme fees. Customer acquisition is driven by direct business development, referrals from existing clients, industry reputation and published thought-leadership content. Disclosed customer logos span tier-one institutional investors (KKR, OMERS, CPP Investment Board, DIF Capital Partners, John Laing, Equitix, Landsec, Amber Infrastructure, GLIL Infrastructure), energy majors and developers (EDF, Centrica, Lightsource BP, Cero Generation, Elements Green, Enfinium, Firmus Energy, Roadchef), and public sector bodies, with active mandates across at least 16 countries including the UK, Ireland, Germany, Portugal, Greece, France, Spain, Italy, the Netherlands, Austria, Finland, Sweden, Norway, the USA, Canada and Australia.

Name

Evolution Infrastructure

Legal name

Evolution Infrastructure Limited

Website

https://evoinfra.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

Evolution Infrastructure (EvoInfra) is a London-based independent financial advisory and modelling firm serving the infrastructure and energy sectors. It delivers financial advisory, bespoke financial modelling, model audit, and training services to institutional investors, developers, corporates and public sector bodies, and is now part of the Steer Group.

Ownership category

akta.pro rank

Product category

Infrastructure Financial Advisory

NAICS

Engineering Services (541330)

SIC

Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Infrastructure & Project Finance Advisory (BPAHADAO)

akta.pro secondary industries

Project Finance & Capital Structuring (Debt/Tax Equity/Project Bonds) (EUAMAAAD), Asset Management & Infrastructure Resilience Agencies (State of Good Repair, Climate Adaptation) (BPAIALAK)

Keywords

• Infrastructure advisory
• Financial modelling
• Energy consulting
• Model audit
• Project finance

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Financial Advisory: Independent financial advisory services covering project development and financing, through to corporate M&A and capital raising. Revenue is earned through advisory fees on completed transactions and ongoing advisory mandates.
2. Financial Modelling: Bespoke financial model development services for clients across infrastructure and energy sectors. Models are built to investor, developer, corporate, and public sector specifications.
3. Model Audit: Independent model audit and assurance services providing validation of financial model integrity for sponsors, lenders, and investors before transaction close.
4. Modelling Training: Tailored financial modelling training programmes delivered to academic institutions and organisations seeking to develop practical modelling skills aligned with industry standards.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Evolution Infrastructure is a specialist financial advisory and modelling firm serving the infrastructure and energy sectors. It delivers financial advisory, bespoke financial modelling, independent model audit, and modelling training services to clients involved in developing or investing in infrastructure and energy projects.

Product overview

Evolution Infrastructure operates as an independent financial advisory and modelling firm offering four integrated core services: Financial Advisory (covering project development, financing, and M&A advisory), Financial Modelling (bespoke financial models and tools), Model Audit (independent model verification and assurance), and Modelling Training (classroom-based professional development). These services are designed to support clients throughout the infrastructure and energy project lifecycle, from initial development through to operational management and refinancing.

Differentiator

Problem solved

Functional benefit

Products and services

• Financial Advisory Strategic financial advisory services for clients developing or investing in infrastructure and energy projects, delivered by a partner-led team.
• Financial Modelling Bespoke financial model development for infrastructure and energy projects, tailored to client deal structures, transactions, and investment decisions.
• Model Audit Independent review and audit of clients' existing financial models to verify accuracy, identify errors, and improve robustness for lenders, investors, and internal stakeholders.
• Modelling Training Training services to build client team capability in financial modelling techniques specific to infrastructure and energy projects.

Quantifiable outcome

• Over £1 billion financing structured and arranged over two decades
• +1 more outcomes

Named customers20 records

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Steer GroupflagshipStrategic or Co-development Partner · 1 January 2025Evolution Infrastructure announced it is joining the Steer Group, working alongside Amberside Advisors as part of Steer's long-term vision to build a leading specialist financial advisory capability in infrastructure and energy. This partnership combines Evolution Infrastructure's modelling and advisory expertise with Steer's broader infrastructure advisory platform.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Oxera Consulting: Economics-focused consultancy advising on infrastructure, energy, and regulated industries. Provides financial analysis, valuation, and economic advisory services that overlap with EvoInfra's project finance advisory work, particularly for regulated utilities and transport.
• Amberside Advisors: Specialist infrastructure and energy financial advisory firm that has now joined Steer Group alongside EvoInfra. Provides comparable project finance advisory, modelling, and fund advisory services with overlapping client base in UK and European infrastructure markets.
• Corality: Specialist financial modelling and model audit firm for infrastructure projects, previously part of Mazars Global Infrastructure Finance. Directly competes in financial modelling training, model build, and audit services for renewable energy and infrastructure transactions globally.
• E3 Advisory: Specialist infrastructure and energy consultancy providing financial modelling, transaction advisory, and asset management services across European infrastructure and energy sectors. Comparable boutique scale and service offering to EvoInfra.
• PMP (a Wipro company): Infrastructure advisory and project finance consultancy providing financial modelling, transaction advisory, and PPP advisory across European markets. Directly comparable in scope to EvoInfra's financial advisory and modelling services, with similar sector focus.

Broad incumbents

• Turner & Townsend: Global programme management and project consultancy with infrastructure advisory capabilities. While primarily cost/project management, overlaps with EvoInfra in P3 advisory and infrastructure finance mandates, particularly in transport and social infrastructure.
• Baringa Partners: Large independent consultancy with a dedicated energy and resources practice advising on power markets, renewables, and infrastructure. Competes for energy sector advisory mandates and has deeper bench and broader service offerings than EvoInfra.
• FTI Consulting: Global advisory firm with a construction, projects, and infrastructure practice. Competes for project finance advisory, disputes, and transaction-related mandates, particularly on large international P3 and energy infrastructure projects.
• Steer Group: Transport, infrastructure, and policy consultancy that has acquired both EvoInfra and Amberside Advisors. Now the parent platform; competes for broader infrastructure advisory mandates and provides cross-sell opportunity for EvoInfra's specialist financial advisory services.
• KPMG Infrastructure Advisory: Big 4 advisory practice with dedicated infrastructure and project finance teams. Competes for large-scale financial advisory, model audit, and transaction support mandates across PPP/PFI and renewables, offering global delivery capacity that EvoInfra cannot match at small firm size.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Evolution Infrastructure