Energy

Energy risk programs require an experienced advocate.

The availability and enablement of competitive financing and tax equity often play a crucial role in the feasibility and profitability of power generation projects. A financer will typically prepare an analysis to assess the revenue projections and major risks that can potentially impact the project. Appropriately identifying, quantifying, and mitigating these risks can have significant impact on the timing, cost, and profitability of a power generation project. Beecher Carlson’s experienced Energy team can provide you with risk management and insurance program consultation to help streamline insurance costs and increase overall bankability.

With questions of funding, technology reliability, and an ever-evolving energy landscape, the potential benefits of a well-designed insurance and risk management program can be overshadowed. However, if initiated during the project planning phase, a sound risk management plan can result in substantial cost savings, broader insurance terms and conditions, and contract certainty with counterparties. Whether it is by introducing flexibility into contractual language, implementing modeling software, or assessing alternative insurance program structures, your Beecher Carlson Energy team can help provide you with opportunities to ensure optimal insurance pricing and the ultimate long-term viability of your project.

Our dedicated team can help you manage all aspects of your risk profile throughout the life cycle of energy assets – development, construction, and operation. Services we provide include loss control engineering, claims advocacy, analytics, outsourced risk management, as well as surety solutions that enable less reliance on cash and LC collateral for contractual obligations related to decommissioning, interconnection, PPA, and supply exposures.

Meet our team.

 

Specialized Services

  • Actuarial
  • Analytics
  • Captive
  • Cyber
  • Environmental
  • International Resources
  • In-House Catastrophic Modeling
  • Project Financing Advocacy
  • M&A Due Diligence
  • Master Insurance Program Development
  • PJM Capacity Penalty Coverage
  • Surety
  • Tax Credit Indemnification & Insurance Mitigation
  • Warranty/Performance Guarantee
  • Weather Risk Transfer

 

Our highly specialized team has experience with the following power technologies:

  • Battery Storage
  • Biomass
  • Biofuels
  • Coal
  • Digest

  • Geothermal
  • Hydro
  • Landfill Gas
  • Natural Gas
  • Oil & Gas

  • Solar
  • Transmission
  • Waste-to-Energy
  • Wind

Contact us today to put our experience to work for you.