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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.
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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:
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A Performance Insurance Policy will directly cover Losses/Production Shortfalls due to:
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Defective production line design
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Faulty material
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Faulty workmanship
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Improper or insufficient production line maintenance
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