Reinsurance News
solar
Allianz (AGCS) & Nephila provide hedge structure for Texas solar project
8th January 2021
The capital solutions unit of Allianz Global Corporate & Specialty (AGCS) and Nephila Climate have entered into a new a proxy generation power purchase agreement (pgPPA) for a 153 megawatt solar farm in Texas. Briar Creek solar farm, which is owned by Lightsource bp, is expected to start commercial operation at ... Read the full article
kWh structures further Solar Revenue Put with Swiss Re backing
12th October 2020
Solar risk manager kWh Analytics has structured yet another Solar Revenue Put with capacity support from Swiss Re Corporate Solutions, the commercial insurance division of reinsurer Swiss Re. The latest Solar Revenue Put was structured for a portfolio of 4,000 projects totalling approximately 33 MW DC of capacity located in the ... Read the full article
Ariel Re provides cover for solar firm NovaSource Power Services
22nd May 2020
Ariel Re, member of Argo Group, has insured the contractual performance guarantees (PeGu) of NovaSource Power Services, a firm specialising in operations and maintenance for solar projects. Through its Lloyd’s of London Syndicate 1910, Ariel Re provided Solar Power Outage Insurance to backstop NovaSource’s PeGu liabilities in the event of unexpected ... Read the full article
Munich Re provides reinsurance for Chinese solar firm Talesun
14th May 2020
Munich Re is set to provide reinsurance services for Chinese photovoltaic (PV) manufacturer Talesun Solar Technologies. The reinsurance agreement includes 12 years of products quality guarantee for Talesun, 25 years of regular PV module and 30 years of double-glass module in efficiency guarantee. Talesun believes the coverage will protect the financial risks ... Read the full article
kWh Analytics closes latest Solar Revenue Put with Swiss Re capacity support
8th May 2020
Solar risk manager kWh Analytics has structured a Solar Revenue Put as part of the refinancing of the 173 MW DC Cal Flats 130 photovoltaic facility located in Monterey County, California. The Solar Revenue Put is structured as an insurance policy on solar production and revenues, which serves as a credit ... Read the full article
kWh Analytics closes Swiss Re-backed 32 MW Solar Revenue Put
1st April 2020
Solar risk management firm kWh Analytics has closed a Swiss Re-funded Solar Revenue Put for a portfolio of 4,000 projects totalling roughly 32 MW DC of capacity. This is the first publicly announced repeat closing with the Solar Revenue Put. It is structured as an insurance policy on solar production and PPA ... Read the full article
Swiss Re CorSo & kWh collaborate to expand solar energy adoption
14th January 2020
Swiss Re Corporate Solutions, the commercial insurance arm of reinsurance giant Swiss Re, has entered into an Agency Agreement with solar risk management firm, kWh Analytics, designed to accelerate the growth of solar energy. According to Swiss Re and kWh Analytics, the InsurTech collaboration establishes a completely new category of risk ... Read the full article
Ariel Re collaborates to minimise solar project financial risk
4th December 2019
Ariel Re, which is a member of Argo Group, PV Evolution Labs and Beecher Carlson Insurance Services, LLC have announced the launch of PV PlantProtect, an insurance program designed to reduce solar project financial risk. The new solution is a first-of-its-kind risk mitigation and insurance program that leverages technical due diligence ... Read the full article
First project to utilise SCOR-backed solar energy cover announced
22nd August 2019
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 ... Read the full article
kWh Analytics closes 23 MW Solar Revenue Put, backed by Swiss Re
12th July 2019
kWh Analytics, a leading solar risk management provider, has closed a Solar Revenue Put for a 23 MW solar project, with capacity provided by Swiss Re Corporate Solutions. The 23-MW dc Grand Ridge Solar project, located in La Salle County, Illinois, was refinanced with the Solar Revenue Put protecting cashflows. Grand Ridge ... Read the full article
Hannover Re’s parent leads financing of Spanish PV solar parks
20th June 2019
Parent of reinsurance giant Hannover Re, The Talanx Group has been revealed as the lead investor for the financing of nine operational photovoltaic (PV) solar parks located in southwest Spain, with financial guarantee being provided by Assured Guaranty (Europe) plc (AGE). The financing further expands Talanx's sustainable investment activities and, the ... Read the full article
Swiss Re backs kWh Analytics’ latest Solar Revenue Put
11th April 2019
The Solar Revenue Put, which is backed by Swiss Re Corporate Solutions, a division of global reinsurer Swiss Re, has supported the refinancing of kWh Analytics' portfolio of 41 projects. Structured as a parametric insurance policy on solar production and revenues, the Solar Revenue Put serves as a credit enhancement for ... Read the full article
Swiss Re backs 35MW Solar Revenue Put by kWh Analytics
15th November 2018
Swiss Re Corporate Solutions, the commercial insurance arm of global reinsurer Swiss Re, is to provide risk capacity for a 35MW Solar Revenue Put structured by solar risk management provider kWh Analytics. The deal relates to a portfolio of 4,000 projects located in the Northeast U.S. that are being developed and ... Read the full article
kWh Analytics completes 50 MW Solar Revenue Put, backed by Swiss Re
3rd September 2018
kWh Analytics, a leading solar risk management provider, has structured a Solar Revenue Put with global solar developer GCL New Energy and U.S solar project investor PNC Bank for 50 MW of solar farms, with risk capacity provided by Swiss Re Corporate Solutions. The 4 solar farm projects, which belong to ... Read the full article
Nephila Climate and Allianz close solar farm Proxy Revenue Swap deal
29th May 2018
Nephila Climate (NCx), the recently established weather and ESG-driven specialty division of Nephila Holdings, has completed the first solar farm Proxy Revenue Swap transaction in partnership with Allianz Global Corporate & Specialty SE. The parties successfully closed a first set of solar Proxy Revenue Swaps for the Susan River Solar ... Read the full article
- ← Previous
- 1
- 2
- 3
- Next →
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
