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Performance Insurance

Performance Insurance facilitates efficient financing and addresses performance risk in the operation of an energy facility or technology by guaranteeing a level of production sufficient to meet debt servicing or by supporting the warranty obligation of the insurance provider.

An A+ rated carrier will insure projected production/revenue such that the lender can rely on coverage in the event that production is insufficient to meet debt service for the duration of the Off-Take agreement.

Policy cover:

A Performance Insurance policy will directly cover Losses/Production Shortfalls due to:

  • Defective production line design
  • Faulty material
  • Faulty workmanship
  • Improper or insufficient production line maintenance