Underwriting a Greener Future®
Solutions
New Energy Risk comprehensively assesses technical and financial risks and designs insurance solutions that transfer those risks from the capital markets and/or client customers to the insurance markets. This enables emerging industry leaders to get more cost-effective financing, plus greater customer confidence and adoption, quickly and confidently. We work with a variety of clients and aligned partners to ensure that breakthrough technologies receive the timely financing and the customer revenue they need to succeed. Learn how we have supported past clients by reading our case studies and press
Reduce Friction Towards Commercial Scale
We design insurance solutions that backstop technology warranties and protect customers—even for first-of-a-kind projects—so that our clients can focus instead on their growth
Win Over Risk-Averse Customers
For conservative customers of our startup clients, our insurance solutions provide AA- investment-grade backstops (ratings set forth here) so that warranty obligations will be met with The Power of Certainty™
Access Non-Recourse/Non-Dilutive Capital
We assuage the concerns of capital providers so that our clients gain access to the most efficient and cheapest capital available
Protect Intellectual Property
Our clients undergo technical and commercial diligence with us as a single non-competitive party, avoiding wide distribution of valuable intellectual property to customers and financiers
Enable New Business Models
Enhancing sales growth and market penetration, our clients design new ways to deliver value to their customers
Access Non-Recourse/Non-Dilutive Capital
We assuage the concerns of capital providers so that our clients gain access to the most efficient and cheapest capital available
Accelerate Time to Market
We provide The Power of Certainty™ that deals will close faster when financiers and/or customers are supported by our performance insurance solutions
Reduce Friction to Achieve Commercial Scale
To sharpen our clients’ focus on commercialization and scaling operations, we design insurance solutions that wrap or backstop technology performance and market risks, removing distraction
Work With a Team That Has Walked the Walk
Our employees have an entrepreneurial mindset, deep technical background, and project finance experience, which means we understand our clients’ experience and their needs
Tap Into Our Powerful Networks
We have developed lasting relationships with leading professional services and capital providers with whom we work to quickly advance our clients’ project execution
Enhance Transaction Credit Profiles
We enable our clients and partners to transfer risks to a AA- investment-grade insurer (ratings set forth here), including technology performance and market exposures
Protect the Full Principal
Our insurance solutions are sized to match the outstanding debt principal of our clients’ financing so that their lenders are fully protected
Gain Backing by Leading Companies
With the insurance solutions we design comes the coverage of leading brand-name global insurers and reinsurers
Access New ESG Lending Markets
Lenders can put capital to work in high-value emerging environmental, social, and corporate governance (ESG) markets by mitigating risks outside of their investment mandates
Ensure Seamless Execution
We provide The Power of Certainty™ that complex, bespoke transactions will close, having already unlocked billions of dollars in financing for our clients
Enhance Transaction Credit Profiles
We enable our clients and partners to transfer risks to a AA- investment-grade insurer (ratings set forth here), including technology performance and market exposures
Access Efficient Leverage
In high-value emerging technology markets, investors can attract debt to enhance project returns while mitigating risks outside of the lender’s investment mandates
Accept Flexible Transaction Structures
Our platform supports any project finance capital structure, including all-equity deals, so that more projects can close regardless of how investments are made
Ensure Seamless Execution
We provide The Power of Certainty™ that helps close complex, bespoke transactions, having already unlocked billions of dollars in financing for our clients
Gain Backing by Leading Companies
With the insurance solutions we design comes the coverage of leading brand-name global insurers and reinsurers
Close Difficult-to-Execute Transactions
While debt capital and technology risk previously seemed mutually exclusive, our insurance solutions marry the two, unlocking new transaction opportunities
Access Previously Inaccessible Capital
Even with technology risk, by offering a better understanding of our clients’ performance capabilities, our insurance solutions bring debt sources to the table for financing
Lower Client WACC
When including previously inaccessible capital sources in transactions, clients’ weighted average cost of capital (WACC) will be reduced for a better investment deal
Minimize Client Dilution
An additional benefit of including alternative capital sources in transactions is that resulting capital structures will minimize client dilution
Accelerate Transaction Closing Time
By attracting high-quality capital sources, we provide The Power of Certainty™ that deals will close, and close faster
Expand Insurable Risk Market
We provide a market for new insurable risks that helps clients attract the financing they need to support their growth and gain customer confidence
Meet Client Needs
Our high-value performance insurance solutions for brokers address clients’ most challenging financing needs and technology risks
Close More Deals
With insurance solutions that are required and complementary to the standard financial closing coverages, we provide The Power of Certainty™ that deals will close with comprehensive coverage
Work With a New Brokered Market
We work with leading insurance brokers around the world and maintain these relationships as we build portfolios together
Access Capacity from $5 Million–$200+ Million Per Risk
Our insurance solutions are placed with an established treaty of leading global re/insurers
Process
We believe tomorrow’s technologies should be measured by the most recent developments and insights in science, engineering, and data—not statistics or fears from the past. We designed a nimble, non-siloed, streamlined process for assessing our clients’ technology performance
Analyze
Our expert staff extensively review engineering reports, test data, and economics, followed by onsite facility visits
Model
Proprietary technoeconomic parameters allow us to rigorously and accurately measure risk based on technology use and financing
Structure
We integrate use case, economics, and financing to align interests while addressing our clients’ technical risks with cost-effective insurance solutions
Execute
Delivering The Power of Certainty™ to help deals close, and close faster, our established treaty of insurance capacity providers includes leading global re/insurers
“Banks will call something ‘risky’ but they don’t have the engineering prowess to start with a systematic approach, work out the technical details, and then figure out the financial implications of the risk points and what can be done to mitigate those risks. You need that level of detail to write this type of insurance— and New Energy Risk has it.”
Jim McDermott, Founder & Executive Chairman, Fulcrum BioEnergy