Developers and lenders have more options for managing credit risk than ever before. But the demands of the energy transition are likely to put lender balance sheets under huge pressure.
About €90 billion per year in investment is expected in investment in renewable energy up to 2030, but as much as €1 trillion per year in spending might be required to meet Europe’s decarbonisation objectives.
These vast investment objectives, combined with constraints on commercial banks making long-dated project debt commitments, are driving the use of products like non-payment insurance. And the market for these products is expanding quickly.
Proximo, with the support of Tierra Underwriting, is holding a webinar that covers the ins and outs of non-payment insurance for renewables financing, and the role that the product could play in furthering the energy transition.
Click here for more information.
Click here to register for the webinar.