$500M in Renewable Energy Projects

June 15, 2017

Insurtech company hires Chief Science Officer to deepen scientific expertise of emerging energy-related technologies

MENLO PARK CALIF - "Today, New Energy Risk, a global pioneer in creating insurance policies for renewable, high-efficiency energy developers and new technology producers, announced that its customers have secured a total of $500M in financing to support such energy projects.


XL Innovate Acquire New Energy Risk

September 29, 2015

DUBLIN, IRELAND – September 21, 2015 - XL Group plc (“XL” or the “Company”) (NYSE: XL) announced today that XL Innovate, the venture capital initiative sponsored by the Company, has acquired all of the shares of New Energy Risk, Inc..


XL, Munich RE, NER Partner for Clean Tech

September 11, 2014

MUNICH, GERMANY - XL Group's Complex Accounts unit, Munich Re's Green Tech Solutions team, and consultants New Energy Risk (NER), have teamed up to deliver an innovative performance insurance policy for a portoflio of fuel cell servers installed across the U.S.


Bloom Energy Performance Product

September 30, 2013

ZURICH, SWITZERLAND - XL Group’s Complex Accounts team is pleased to announce that it has provided an innovative new Performance Warranty insurance product to Bloom Energy of Sunnyvale, California. The new cover XL Group developed has enabled Bloom Energy to finance the installation of dozens of Bloom Energy Servers, totaling 6.1MW in capacity.