Because they’ve purchased property and casualty insurance, many solar tax equity fund managers and developers may mistakenly believe they have adequately protected themselves and their investors. Yet, the fact is they may be vulnerable to potentially more significant risks.
Without appropriate surety bonding, C&I and Community Solar investors may be completely unprotected from the consequences of contractual defaults by solar project construction contractors, operations management, customer-provider management, and commercial end-users.
At the upcoming Solar Storage & Finance & Investment Texas conference in Houston, Bob Goldstein, CEO, Unique Surety and Insurance Services, LLC, will discuss mitigating solar investment risk through surety bonds. His presentation takes place Tuesday, April 24 at 12:30 p.m. in the Magnolia Hotel.
The renewable energy specialists. Through our dedicated division serving renewable energy, Unique Surety focuses on mitigating risk and providing support for solar arrays and battery storage for commercial, industrial, institutional, manufacturing and wholesale suppliers, government and community solar projects. The bonds, which assure the faithful performance of any type of energy contract, can make a critical difference for solar tax equity firms, developers and their investors.
To learn more about Unique Surety’s solutions for solar tax equity funds and developers, telephone Alicia Walter, 201-298-7022, or Bob Goldstein, 561-536-5997.
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