Energetic Insurance has launched EneRate Credit Cover®, a groundbreaking 10-year credit insurance policy designed to protect solar developers from payment default risks in commercial and industrial (C&I) projects. Backed by SCOR Global P&C, this policy addresses the challenge of financing projects for businesses without public credit ratings—an issue that affects over 90% of U.S. companies. By providing protection, Energetic unlocks a vast, untapped market for C&I solar development. The company also announced a $2.5 million funding round led by Congruent Ventures.
Learn more about this innovative solution here.
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