First project to utilise SCOR-backed solar energy cover announced

Venture-backed Managing General Underwriter Energetic Insurance has named the first solar energy project to use its EneRate Credit Cover. With initial capacity provided by SCOR Global P&C back in April, the product covers default risk for payments made by businesses, without a public credit rating, that purchase electricity through long-term power purchase agreements. Lenders typically … Continue reading First project to utilise SCOR-backed solar energy cover announced