kWh Analytics announces new bonus program for solar asset performance

Energy insurer kWh Analytics today announced that it has launched its new Solar Generation Advance. With the Solar Generation Advance, owners of solar assets can receive upfront “bonus” payments in exchange for maintaining the asset’s performance. The innovative new offering has been developed in collaboration with Excelsior Energy Capital.

The Solar Generation Advance provides an additional source of income for both development and assets. Particularly for assets in the development phase, the Solar Generation Advance can provide additional unencumbered cash for developers, which can increase their development costs or increase IRR by 50-100 bps. For assets, the Solar Generation Advance provides a flexible source of funding for additional sponsor distributions or operational and maintenance improvements to the project.

“We are excited to deliver a solution that rewards prudent solar power plant owners and operators. The Solar Generation Advance and Solar Revenue Put are complementary risk management tools that sophisticated investors use to extract more value from their assets,” said Richard Matsui, CEO and founder of kWh Analytics.

The Solar Generation Advance will ensure our industry achieves its goal of installing more solar to accelerate the energy transition, while continuing to provide reliable returns for equity investors.

Akin Gump provided legal support for the formation of this project with a team led by Daniel Lynch and including Matt Kapinos and Graham McCall.

News release from kWh Analytics

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