Friday, September 7, 2012

USA:

GCube Secures $175M Biomass & Geothermal Capacity (Melodika.net -News Release)


GCube, the leading provider of insurance for the renewable energy industry, has secured $175 million in additional construction underwriting capacity to assist the development and evolution of the international biomass and geothermal energy markets.

The new capacity marks a major milestone for the insurance market's appetite to have a dedicated approach for these key sectors and helps to safeguard future energy project development and innovation.

The GCube underwriting capacity agreement marks the first significant investment in resources and capacity made by an insurer in the biomass and geothermal sectors of renewable energy. It also reflects the increased ambitions of key biomass developers now operating in the North American market.

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