Celeste Bremen

New Energy Risk offers performance insurance solutions that enable our clients to advance breakthrough technologies addressing global challenges. Together with our re/insurance allies, we transfer specific and carefully calibrated technology and financial risks to the insurance markets. This is the most effective way to ensure our clients get the financial and customer support they need to accelerate their innovations. To date, our clients have unlocked over $2 billion for the development of new and renewable clean energy technologies and other imperative projects. Our typical client lacks extensive long-term performance data at a commercial scale. A lack of data hinders revolutionary technologies from securing financing, going to market, and achieving mass customer adoption. Our proprietary, technoeconomic modeling assesses the uncertainty around technology performance and reliability—as well as the relevant economics—by outlining realistic outcomes of a project or technology. With our insurance solutions, our clients can: 1. Access Efficient Capital We design insurance solutions that ultimately mitigate risk for capital providers, which reduces the need for high-interest debt; with better financing terms for our clients, the overall cost of capital decreases and profits increase 2. Accelerate Time to Market We provide The Power of Certainty™ that deals will close, and close faster, when financiers and/or customers are supported by our performance insurance solutions 3. Achieve Commercial Scale We design insurance solutions that backstop technology warranties, even for first-of-a-kind projects, so that our clients can instead focus on commercialization and scaling their operations