WHAT WE OFFER
ENERATE CREDIT COVER
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ENERATE CREDIT COVER WORKS FOR SOLAR INDUSTRY INVESTORS AND OTHER PARTICIPANTS WHO WANT TO INCREASE THEIR DEAL VELOCITY. IT HELPS TO OPEN UP FINANCING POSSIBILITIES FOR UNRATED OR BELOW INVESTMENT GRADE ORGANIZATIONS BY COVERING OFFTAKER PAYMENT DEFAULT RISK.
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HOW IT WORKS
NEW COMMERCIAL & COMMUNITY SOLAR PROJECTS
Energetic Insurance works with project stakeholders to cover financial losses to solar projects. This allows these parties to benefit from our insurance partners' AA - /Aa3 credit ratings in lieu of the offtakers'.
HOW IT WORKS
REFINANCING, ROLL-UPS & SECURITIZATIONS
For operating solar projects with C&I offtakers, Energetic Insurance helps asset owners restructure their debt by addressing the credit risk in each project. EneRate Credit Cover can lower the cost of capital for the asset owner by giving lenders the certainty they need to extend credit.
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OUR PLATFORM
YOUR PARTNER FOR ENERGY PROJECT RISK MANAGEMENT
MANAGE ALL YOUR ENERGY PROJECT RISKS WITH ONE PARTNER THAT REALLY UNDERSTANDS ENERGY.
1.
COMMERCIAL PACKAGE POLICIES
In addition to our unique EneRate Credit Cover we can help place standard Property and General Liability coverages to create an optimized commercial P&C package that improves operating cash flow.
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2.
PRODUCTION RISK INSURANCE
Do you have concerns about energy project production and performance? We can help obtain coverage that mitigates these risks so that you can be confident in your investment.
3.
TAX EQUITY INDEMNITY INSURANCE
If you need more coverage for Tax Equity than what EneRate Credit Cover provides, we can assist you in procuring Tax Equity Indemnity coverage for even more protection.
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4.
EVOLVING RISKS TO RENEWABLE ENERGY INDUSTRY
Don’t see what you’re looking for? We are always developing new products and would be happy to speak with you about your needs. Please reach out.
WHY YOU NEED IT
WHO OUR PRODUCTS WORKS FOR
DEVELOPERS
EneRate Credit Cover works for developers who want to increase their project development velocity, closing more deals faster. It offers a more efficient alternative for developers that are actively considering an on-site or off-site renewable energy generation project.
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FIND MORE CUSTOMERS
Reduce your cost of customer acquisition by closing more deals, faster. With EneRate Credit Cover you can provide solar power to 90% of businesses in the US while elminating many of the standard financing hurdles.
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FIND MORE CUSTOMERS
Reduce your cost of customer acquisition by closing more deals, faster. With EneRate Credit Cover you can eliminate many existing financing hurdles and unlock solar financing for the 90% of US businesses without public ratings.
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A BETTER OPTION
The EneRate Credit Cover™ product is accretive, making it a more attractive option as compared to alternatives for financing unrated or below investment grade projects (Personal Guarantee, Parent Guarantee, Letter of Credit).
FINANCIERS & INVESTORS
EneRate Credit Cover works for financial services providers with energy project experience who need low risk opportunities.
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STAND OUT FROM THE CROWD
Differentiate your organization by offering competitive programs for unrated and below investment grade projects to your top channels.
STAND OUT FROM THE CROWD
Differentiate your organization by offering competitive programs for unrated and below investment grade projects to your top channels.
DEPLOY MORE CAPITAL IN LESS TIME
Integrate our policy with your credit committee process to enhance underwriting and enable faster closings for your customer channels.
ENERGY SERVICE PROVIDERS/EPCs
EneRate Credit Cover works for energy services providers that want to expand their
participation and their market reach.
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CAST A WIDER NET
Stop filtering out possibilities based on old financing requirements and expand your brand by servicing new markets.
CAST A WIDER NET
Stop filtering out possibilities based on old financing requirements and expand your brand by servicing new markets.
SIMPLIFY PROJECT FINANCE
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Create more financing options for your projects by utilizing the EneRate Credit Cover policy to enhance offtaker credit.