Energetic Insurance

Energetic Insurance® addresses the real problem with clean energy and efficiency financing: counterparty credit risk. Their EneRate Credit Cover® insurance policy can satisfy lender and tax equity underwriting requirements, often with a neutral or positive impact on project economics. Their products allow more organizations to access and procure clean energy and efficiency solutions and their process is faster and more scalable than any existing financing options. Energetic Insurance focuses on unrated or below investment grade organizations. The company is a Managing General Underwriter (MGU) with novel, technology- and data-driven risk management products that unlock exponential growth in the renewable energy industry. For solar industry participants who want to do more projects and deploy more capital, EneRate Credit Cover unlocks solar project financing for unrated and below investment grade counterparties by covering payment default risk. Energetic expertly assesses and prices the risk, and insures payment default risk. Harnessing decades of experience in the energy sector, in conjunction with robust data analytics, modeling, and software, the company underwrites not only the offtaker, they comprehensively underwrite the full project, taking into account the most meaningful project attributes from location to underlying contracts, regulations, incentives, and more. Their nimble and modular solutions that allow the company to cover a range of verticals, contract structures, and geographies. Their tools are applicable to stand-alone projects, operating portfolio refinancings, tranched portfolios, virtual PPAs, warehouse structures, and more.