The latest on Energetic and renewable energy trends.

Foley Hoag LLP advised Energetic Insurance in securing a $2.7M seed investment, led by Congruent Ventures with participation from Clocktower Ventures and Powerhouse Ventures. This funding brings Energetic’s total capital to over $4M. Energetic Insurance, a Boston-based Managing General Underwriter (MGU), addresses a critical barrier in commercial solar by offering insurance that covers default risks for businesses without public credit ratings, enabling easier access to long-term power purchase agreements.

Read more about this investment here.

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Energetic Insurance has announced the first solar energy project to utilize its SCOR-backed EneRate Credit Cover®. The 800-kilowatt carport project, developed by CalCom Energy and financed by Live Oak Bank, provides electricity to a retail center in California. This innovative insurance product mitigates default risk for businesses without public credit ratings that enter long-term power purchase agreements, unlocking new financing opportunities for commercial and community solar projects.

James Bowen, CEO of Energetic Insurance, highlighted that this milestone will help small and medium businesses access solar savings typically reserved for larger companies.

Learn more about this milestone project here.

Energetic Insurance has announced the successful completion of its first EneRate Credit Cover® policy for an 800-kW solar carport project at a California retail center. The policy mitigates payment default risk for commercial solar projects, enabling developers to secure affordable financing and access more customers. Developed by CalCom Energy with financing from Live Oak Bank and Symbiont Energy, this milestone opens new opportunities for small and medium businesses to benefit from solar energy, a space traditionally dominated by large corporations.

Learn more about this breakthrough project here.

Boston-based Energetic Insurance has raised $2.5M in a funding round led by Congruent Ventures, with participation from Clocktower Technology Ventures and Powerhouse Ventures. The company also launched its flagship product, EneRate Credit Cover®, a credit insurance policy designed to mitigate default risk for commercial solar projects. Backed by SCOR Global P&C, this policy addresses the financing challenges faced by developers working with businesses lacking public credit ratings, unlocking new opportunities in the renewable energy market.

Learn more about this funding and product launch here.

Boston-based Energetic Insurance has raised $2.5M in a funding round led by Congruent Ventures, with participation from Clocktower Technology Ventures and Powerhouse Ventures. The company also launched its flagship product, EneRate Credit Cover®, a credit insurance policy designed to mitigate default risk for commercial solar projects. Backed by SCOR Global P&C, this policy addresses the financing challenges faced by developers working with businesses lacking public credit ratings, unlocking new opportunities in the renewable energy market.

Learn more about this funding and product launch here.

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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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