Meridian Consulting Group » credit enhancement http://meridianconsultinggroup.com Innovative Risk Management Consulting Thu, 03 Nov 2011 22:05:00 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 Meridian wishes to announce Q4 2009 alternative energy projects http://meridianconsultinggroup.com/meridian-wishes-to-announce-q4-2009-alternative-energy-projects/ http://meridianconsultinggroup.com/meridian-wishes-to-announce-q4-2009-alternative-energy-projects/#comments Mon, 11 Jan 2010 04:57:23 +0000 admin http://meridianconsultinggroup.com/?p=371 Meridian is pleased to announce that they have signed an agreement in November 2009 to provide financial services and insurance to a biofuels energy project in development for Vieste Energy of  Chicago.  Further in December 2009 Meridian signed an agreement to provide similar services to a new solar project for Scientia Solar of Dublin constructing two 100 MW projects  in Italy.

Meridian is a highly dynamic specialized insurance consulting group and broker with offices in Boston, MA, Newport, RI and Brookfield, CT.  We are a hard-driving group with an entrepreneurial spirit who will work tirelessly for clients. We specialize in risk management and risk transfer for alternative energy companies. We personally promote sustainable practices and are members of the Sustainable Business Network and the International Energy Credit Association.

Our Mission is simple.  We seek to help our clients make the best risk and risk transfer decisions possible. To that end we bring  market-leading service to the most creative solutions in the risk management field to ensure that each Meridian client achieves their risk objectives.

Share/Save]]> http://meridianconsultinggroup.com/meridian-wishes-to-announce-q4-2009-alternative-energy-projects/feed/ 0 Financial Risk Management Instruments for Renewable Energy Projects http://meridianconsultinggroup.com/financial-risk-management-instruments-for-renewable-energy-projects/ http://meridianconsultinggroup.com/financial-risk-management-instruments-for-renewable-energy-projects/#comments Thu, 07 Jan 2010 04:43:13 +0000 admin http://meridianconsultinggroup.com/?p=357 The United Nations Environment Programme (UNEP) has identified the typical challenges project developers and investors face in the alternative energy world.  However,  financial instruments are helping these participants handle risk and as project volume and loss information increases, comfort levels are rising.   Insurance and reinsurance policies, alternative risk transfer instruments, contingent capital, and credit enhancement products are growing in availability particularly in the developed world.  We thought it might help if you had an overview of the solutions available by stage of project risk.

Meridian is a highly dynamic specialized insurance consulting group and broker with offices in Boston, MA, Newport, RI and Brookfield, CT.  We are a hard-driving group with an entrepreneurial spirit who will work tirelessly for clients. We specialize in risk management and risk transfer for alternative energy companies. We personally promote sustainable practices and are members of the Sustainable Business Network and the International Energy Credit Association.  Our Mission is simple.  We seek to help our clients make the best risk and risk transfer decisions possible. To do so we bring market-leading service to the most creative solutions in the risk management field to ensure that each Meridian client achieves their risk objectives.

Renewable Energy Project Risks (see in brackets the corresponding Financial Risk Management Instruments)

Risks associated with LARGE SCALE PROJECTS

Project Development/Pre Construction

Concept to implementation                     (Grants, Contingent Grants)

Construction Phase

Construction/Completion Risk               (Insurance =Construction All Risks CAR/EAR)

Counterparty Risk                                         (Surety bonds –Performance guarantees     //Liquidation damages)

Operating Phase

Performance Risk                                            (Insurance)

Counterparty Risk                                           (Surety bonds –Performance guarantees   //Liquidation damages)

Fuel Supply/Weather Resources  Risk    (Weather Insurance/Derivatives)

Credit Risk                                                           (Guarantees, Credit insurance/Credit derivatives)

All Phases

Financial Risk                                                      (Standard derivative products)

Political Risk                                                         (Political Risk Insurance//MFI Guarantees//Export Credit guarantees)

Force Majeure Risk                                             (Insurance/Catastrophe bonds)

Risks associated with SMALL SCALE PROJECTS

Project Developer

Development Risk                                                  (Guarantee Funds)

End User

Risks  of physical damage incl. theft                 (Insurance)

Risks associated with CARBON FINANCED PROJECTS

Market Risk                                                              (Standard derivative products to hedge price)

CER Delivery Risk (Insurance –carbon delivery guarantee, permit                                                         delivery guarantee)

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