Structured trade credit

Collaborating with commodity producers and traders, exporters, refiners, marketers, and specialty traders, we insure project structures and related transactions exposed to trade credit risk, commodity delivery risk, and political risk.

  • Safeguarding shipped assets
  • Customized coverage structures

Safeguarding shipped assets

We advise and place insurances for asset-based shippers in the maritime, aviation, rail, and trucking sectors seeking to work through the energy transition. We help our clients mitigate emerging liability risks, evaluate access to tax credit investments and bind associated insurances.

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Customized coverage structures

  • Commodity prepay agreements
  • Pre-export financings
  • Commercial causes of loss: contract breach, 
product non-delivery
  • Protection against government-imposed actions: currency inconvertibility, trade disruption, contract frustration
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Credit and non-payment risk

Collaborating with producers, refiners, exporters, and traders of commodity products, we mitigate the risk of non-delivery or non-payment for project owners and lenders in structured export and supply chain financings under a trade agreement.

  • Customized coverage structures

Customized coverage structures

  • Specialty programs for producers, refiners, exporters, and traders
  • Property and casualty coverage for construction and operations across capital-intensive projects
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Surety

Powerline places surety bonds to meet contract and regulatory requirements, specializing in complex credits and challenging bond forms across energy, construction, and shipbuilding. We structure creative solutions that secure capacity without overburdening clients’ balance sheets.

  • Creating capacity in a constrained surety market
  • Customized coverage structures

Creating capacity in a constrained surety market

Evolving regulations have increased pressure on renewable energy obligors, contributing to bankruptcies and a tighter surety market. Underwriters are reducing capacity, raising pricing, and demanding stronger indemnity, liquidity, and collateral. These conditions require disciplined credit underwriting and deal-specific structuring informed by current market dynamics.

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Customized coverage structures

  • Decommissioning and reclamation bonds
  • Interconnection and utility bonds
  • Site civil improvement bonds
  • Payment and performance bonds
  • Bid bonds
  • Completion bonds
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Generation outage

Generation outage insurance protects energy producers—baseload thermal, peakers, CHP, hydro, wind, solar, and battery storage—against losses resulting from unplanned shutdowns caused by covered physical damage or equipment breakdown. Coverage can include lost gross margin and continuing fixed costs, extra expense to expedite repairs, and, where defined in the policy, lost capacity or ancillary services revenue.

  • Cash flow protection for power assets
  • Coverage structures

Cash flow protection for power assets

Generation outage coverage is critical for power producers, as a forced outage can erase months of margin while fixed costs and debt service continue. It stabilizes cash flow during repair and testing, supports covenant compliance, and protects returns for owners and lenders. By funding expedited repairs, it reduces downtime and helps preserve dispatch position, contract performance, and market credibility.

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Coverage structures

  • Contingent outage
  • Capacity performance
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