Investability diagnostics
A rapid assessment of whether the concept, numbers, partners, evidence, and risk position are strong enough for a serious funding conversation.
Capital and project structuring · Climate, nature, and transition
Make the caseStructure the capitalGet projects moving
Advisory for projects, programmes, and companies that need to convert policy objectives, technical plans, or sustainability claims into a credible funding route, risk structure, and diligence pack.
Natural capital
Forestry and ecosystem value chains
Renewable energy
Transition finance and project structuring
Investment readiness
Evidence, risk, and financing route
Blended finance
Risk mitigation and capital mobilisation
The questions that decide whether capital moves.
01
Revenue logic
Where revenue, savings, public value, or ecosystem service income comes from, and what evidence supports it.
02
Risk allocation
Which risks remain with the project, which can be mitigated or transferred, and which require public support.
03
Capital stack
The realistic mix of grants, guarantees, debt, equity, quasi-equity, technical assistance, and buyer revenue.
04
Diligence evidence
The documents, assumptions, governance, and verification trail an institution needs before it can proceed.
Services
Focused mandates for projects that need to withstand scrutiny.
Rowan Évolution works where a transaction, policy instrument, or project pipeline is not yet ready for institutional scrutiny. The work clarifies the investment case, tests the revenue model, structures the financing route, and turns regulatory requirements into usable diligence logic.
Capital structuring
Practical design of funding routes for climate, nature, energy, and sustainable infrastructure projects, including where concessional or public capital can reduce specific risks.
Regulatory and reporting architecture
EU Taxonomy, CBAM, ESG, and reporting requirements translated into investment screening, evidence requests, and decision rules.
Typical mandates
From first review to a usable financing route.
Three starting points, depending on whether the project needs a quick test, a structured funding route, or a fuller finance architecture.
01
Investability diagnostic
A short, disciplined review of the project, revenue model, risk profile, funding route, and diligence gaps. Useful where a project needs a clear view on whether it is ready for funders, DFIs, or strategic partners.
02
Capital structuring sprint
A four-to-six-week mandate to clarify the capital stack, risk allocation, grant, guarantee, debt, equity, or quasi-equity fit, and the practical next steps for financing.
03
Finance architecture mandate
A deeper assignment covering investment logic, data-room gaps, institution-facing positioning, financing pathway, implementation roadmap, and decision-ready material.
Approach
Financing has to work where the project is delivered.
The approach starts with the decision that needs to be made and works backwards: who must approve it, what they need to believe, what evidence exists, and where the risk still sits.
Define the financing questionTest revenue, risk, and evidenceBuild the funding routePrepare institution-ready material
Experience
Relevant work where policy, capital, and delivery meet.
Selected examples from EU facilities, EIB assignments, taxonomy implementation, and project finance.
Forests for the Future Facility
Private-sector and investment support for Forest Partnership work, including country appraisals, forestry and biodiversity finance pathways, ecosystem service value chains, blended finance logic, risk mitigation, and taxonomy implementation.
European Investment Bank
Supported the next phase of the Natural Capital Financing Facility Guarantees, including engagement with more than 300 financial institutions and analysis of guarantee, quasi-equity, technical assistance, cost-benefit, and risk structures.
EU sustainable finance
Advised Turkish ministries and market actors on EU Taxonomy adoption and CBAM implications, including EU Delegation training and a co-authored taxonomy alignment report.
Renewable energy finance
Originated, structured, and financed a 185 MW solar PV pipeline in France.
About
Led by Peter Rowan.
Peter Rowan is a senior adviser in climate, sustainable finance, and investment structuring, with director-level experience across blended finance, public-private partnerships, project finance, natural capital, energy transition, and EU sustainable finance implementation.
Rowan Évolution is built around the work that sits before a formal financing process: clarifying the offer, preparing the investment logic, testing the evidence, and defining the route into institutions.
Rowan Évolution is based in France and works across European and international markets.
Independent advisory position
Rowan Évolution provides strategic, financial structuring, investment readiness, and implementation advisory services. The work does not constitute regulated investment advice, fund placement, brokerage, legal advice, tax advice, or lobbying.
When useful
When the next step is not yet financeable.
Rowan Évolution is most useful when the underlying idea is credible, but the route into funding is blocked by unclear revenue logic, weak evidence, unresolved risk allocation, or an unstructured capital ask.
- Investment case not yet institution-ready
- Revenue model not sufficiently evidenced
- Risk allocation still too general
- Funder questions or data-room gaps
- Need to align with EU, DFI, or taxonomy expectations
- Unclear role of grants, guarantees, debt, equity, or technical assistance
A practical conversation is usually the first step.
Discuss a project, mandate, or funding route.
A useful first note sets out the project stage, target funding route, current blockers, available diligence material, and the decision that needs to be made.
Location
Rowan Évolution
1 rue de l'École
39100 Baverans
France