In the high-stakes world of renewable energy development, the final sprint toward financial closing is often the most volatile. As developers juggle debt lenders, tax equity investors, and EPC contracts; insurance requirements can become a significant bottleneck. At Renewable Guard, we have eliminated this friction by integrating in-house lender consultants directly into our engagement teams.
This strategic approach has allowed us to maintain a remarkable track record: 100% on-time project finance closings for our clients.
Bridging the Gap: Insider Expertise
The primary barrier to a timely closing is often a disconnect between what a lender requires and what the insurance market can commercially provide. Renewable Guard bridges this gap through the leadership of experts like Andy Glickfeld, our Sr. Director of Finance & Insurance.
As a former Lender Insurance Consultant for STANCE, Andy has successfully closed hundreds of renewable energy project finance deals. This “insider” perspective allows our team to:
- Anticipate Requirements: We understand the specific risk tolerances of debt lenders and tax equity investors before they even reach the table.
- Negotiate Commercial Terms: We leverage our understanding of commercially viable lender requirements to navigate difficult negotiations during hard market conditions.
- Streamline Reviews: By speaking the language of lender consultants, we facilitate efficient marketing and renewals, ensuring insurance reports are completed without delay.
A Proactive Lifecycle Strategy
Our success isn’t just about the final week before closing; it’s proactive management throughout the project’s lifecycle. Our consultants work alongside our Risk Managers to ensure all pertinent data—from detailed Statements of Values (SOV) to technical geotechnical and flood reports—is readily available for underwriters.
This level of preparation ensures that when the “Notice to Proceed” is issued, the insurance program is already optimized and lender-approved.
“Understanding the cadence of the project and financial closing life cycles is crucial to ensuring 100% success rates for our clients. We actively monitor how the two intersect and use our expertise to produce placements that reduce as much friction as possible for counterparties, while keeping our insureds’ interests at top of mind.”
-Andy Glickfeld, Sr. Director of Finance & Insurance at Renewable Guard
Proven Results at Scale
Renewable Guard currently insures more than 14 GW of renewable energy projects across the U.S. Our ability to support large-scale portfolios—including clients with over 5 GW of assets—demonstrates that our concierge-level service scales with the complexity of the project.
By removing insurance as a variable in the closing equation, we empower our clients to focus on what they do best: building the future of sustainable energy.
