The Renewables team at Price Forbes are commercially minded and technically skilled, with direct experience in renewable energy project development, OEM supply, equity and debt funding, in addition to transactional insurance. We work with globally based clients, helping to agree practical solutions and design the risk strategies that protect their projects. We understand lender requirements and can help navigate our clients through complex contract scenarios, ensuring sponsors, investors and lenders are properly protected.
We understand the regulatory challenges and local insurance requirements in diverse global locations; from wind farms in Argentina, Chile and Thailand, to solar parks in the UK, Mexico & Malawi.
The team deals with the local and international insurance and reinsurance markets to negotiate and deliver the best possible terms and pricing.
We encourage seeking our input in the early project concept and feasibility stages so we can arm you with the best possible insurance solution.
We provide early stage covers such as D&O and early works liabilities; coverage for marine & cargo, delay in start-up, construction, operations; business interruption. We work with our in-house specialist teams to provide cover for cyber risks, political risks, contract frustration and counterparty risks.
- Wind – Onshore
- Wind – Offshore
- Storage & Battery
We provide specialist risk
management advice to:
- Equity Investors
- Multilaterals &
Development Finance Institutions
- EPC Providers
- Infrastructure Suppliers
- Original Equipment Manufacturers
Our clients range from small-scale solar and wind developers through to large-scale national and offshore utilities. Our proprietary wordings are client-friendly and tailored per risk.
As a specialty insurance broker and risk advisor, our commitment is to our clients and their projects; we seek to add value in everything we do.
Since our last market report, the trend of the global insurance market is risk aversion. This is a troubling sign from an investor side and leads to pressure on the stability of the financial performance of renewable energy projects globally.
Working in cooperation with Aaron Daniels of Modern Energy Management, the attached market report, “Protecting Investor Cash Flows” is a good primer on the key issues we have identified which are impacting investor returns.
We trust you find this report of interest, and welcome any comments you may have.