NEW ENERGY RISK

New Energy Risk (NER) helps insure technical risk for breakthrough technologies to optimize cost of capital and accelerate time to market. Using proprietary models and processes, NER utilizes technology performance data from pilot and demonstration-level facilities to analyze risk. Through its affiliate AXA XL (S&P AA-), NER customizes insurance products designed to secure client financing or backstop product warranties. By enabling capital efficiency, new technologies go more quickly from development to deployment and commercial scale with widespread customer adoption. NER-supported projects span a wide range of sectors and geographies, with over $2 billion in deployed capital. NER has a proven track record of delivering to clients The Power of Certainty®.