Energetic Capital expands credit insurance capabilities and capacity

Energetic Capital announced renewed credit insurance agreements with SCOR and additional capacity from Lloyd's markets led by OAK Global, expanding its underwriting capabilities for clean energy and infrastructure projects.

The company said the renewal with SCOR marks the seventh consecutive extension of their partnership and includes increased single obligor limits and broader underwriting capabilities. Energetic also secured additional Lloyd’s capacity through OAK Global’s syndicate 2843 as part of its OAK Horizon business unit.

Energetic said the expanded facilities will increase its ability to underwrite distributed energy and infrastructure transactions while supporting a broader range of risks. To date, the company says it has supported more than $1.5 billion in transactions across 1,500 projects in 48 states.

“Energetic Capital has consistently demonstrated strong underwriting discipline and portfolio performance over multiple years. We are pleased to continue our partnership and support the next phase of their growth as demand for critical infrastructure accelerates.” – Oliver Posgate, Global Line Head of Political & Credit Risk at SCOR Business Solutions.

“We see a compelling opportunity to deploy (re)insurance capacity through Energetic Capital’s underwriting platform. We’re pleased to partner with the team at Energetic through a Lloyds line slip, which offers a scalable structure to support a growing and increasingly diverse pipeline of infrastructure transactions.” – Tom Dickson, Chief Underwriting Officer, OAK Horizon and President, Innovation Strategies, OAK Global.

“This milestone reflects both the strength of our existing partnerships and the expansion of our platform. With SCOR’s continued support and new capacity from Lloyd’s led by OAK Global, we are well positioned to scale our underwriting and bring flexible solutions to a broader set of infrastructure opportunities.” – Nathan Maggiotto, CEO of Energetic Capital.