Author:  energeticinsurance.com      Published: 12/16/19

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DO MORE SOLAR PROJECTS, DEPLOY MORE CAPITAL

ENERATE CREDIT COVER    MAKES EFFICIENT SOLAR PROJECT FINANCING POSSIBLE. EVEN WHEN AN ORGANIZATION IS UNRATED OR BELOW INVESTMENT GRADE.

According to industry-leading project Developers and Lenders, EneRate Credit Covercan:

Increase levered IRR by up to 200 bps

  • Reduce DSCR to 1.2
  • Enable up to 80% advance rate/LTV
  • Speed up financial close to less than 60 days

WHAT WE DO

OUR APPROACH

ENERGETIC INSURANCE IS UNIQUE

HOW WE OPERATE

WE KNOW ENERGY PROJECTS

We’ve spent our careers in energy. We appreciate and embrace the nuances like no generalist could. We draw on our experience as well as feedback from the energy project development community to design products that we know will work.

HOW WE OPERATE

WE ACT AS A MANAGING GENERAL UNDERWRITER (MGU)

A managing general underwriter (MGU) is a type of insurance company that evaluates risk, sells and binds policies on behalf of a large insurance carrier.

HOW WE OPERATE

WE PAY CLAIMS

A recent survey of 9 top brokers of trade credit/non-payment insurance revealed that 97% of claims were paid on time and in full.  A single policy trigger and pre-defined claim payment schedule make our process much more predictable and easier than other commercial insurance claims.

HOW WE OPERATE

MONITORING

We stay engaged in the project lifecycle, ensuring that

 

 

ENERGETIC INSURANCE FOCUSES ON THE REAL PROBLEM WITH COMMERCIAL SOLAR FINANCING: COUNTERPARTY CREDIT RISK.

OUR ENERATE CREDIT COVER    PRODUCT CAN SATISFY LENDER AND TAX EQUITY UNDERWRITING REQUIREMENTS WHILE KEEPING POLICY PREMIUM COSTS LOW, ALLOWING MORE ORGANIZATIONS TO ACCESS SOLAR PROJECTS. THE PROCESS IS FASTER AND MORE SCALABLE THAN ANY EXISTING FINANCING OPTIONS.

OUR APPROACH

ENERGETIC INSURANCE IS UNIQUE

HOW WE OPERATE

WE KNOW ENERGY PROJECTS

We’ve spent our careers in energy. We appreciate and embrace the nuances like no generalist could. We draw on our experience as well as feedback from the energy project development community to design products that we know will work.

HOW WE OPERATE

WE ACT AS A MANAGING GENERAL UNDERWRITER (MGU)

A managing general underwriter (MGU) is a type of insurance company that evaluates risk, sells and binds policies on behalf of a large insurance carrier.

HOW WE OPERATE

WE PAY CLAIMS

A recent survey of 9 top brokers of trade credit/non-payment insurance revealed that 97% of claims were paid on time and in full.  A single policy trigger and pre-defined claim payment schedule make our process much more predictable and easier than other commercial insurance claims.

HOW WE OPERATE

MONITORING

We stay engaged in the project lifecycle, ensuring that operations meet requirements and collecting data that allows us to focus on continuous product improvement.

HOW WE OPERATE

WE HELP IN DISTRESSED SITUATIONS

We can help recover value after default. If you have a project where you are experiencing or expect a payment default, contact us to discuss how we can mitigate the losses and maintain project cash flow.