Low Carbon and Paratus Forge Groundbreaking Energy Price Insurance Partnership
1 | Apr 08, 2025 | Low Carbon Group Ltd
Paratus Holdings Limited and Low Carbon have announced a strategic partnership aimed at tackling energy price volatility through innovative insurance solutions. As the first (re)insurance group focused on energy price risk, Paratus will provide Low Carbon with a tailored insurance policy to protect against adverse power price movements. This collaboration will enhance Low Carbon's Power Purchase Agreement and market strategies, ensuring stable revenue streams and improving the investment potential of its renewable energy portfolio. Paratus's energy price insurance will stabilize the balance sheets of power generators, supporting industry growth and accelerating decarbonization. With operations licensed by the Guernsey Financial Services Authority, Paratus provides scalable insurance solutions across the UK, Europe, and the US.
Sectors
- Renewable Energy
- Insurance
- Energy Market
Geography
- UK – Both Paratus and Low Carbon operate extensively within the UK, with Paratus licensed by the Guernsey Financial Services Authority.
- Europe – Paratus offers scalable insurance solutions across Europe, where Low Carbon also holds operations.
- US – As Paratus expands into the US, their strategic partnership with Low Carbon marks an important step into a major renewable energy market.
Industry
- Renewable Energy – The partnership focuses on protecting revenues from renewable energy assets, which aligns with Low Carbon's mission to deliver sustainable energy solutions at scale.
- Insurance – Paratus Holdings Limited provides energy price insurance solutions, tailored to mitigate exposure to energy market fluctuations.
- Energy Market – Paratus's expertise in energy markets is crucial for delivering insurance solutions aimed at stabilizing revenue streams in the volatile energy sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Paratus Holdings Limited | Insurance Provider | Company | The world's first (re)insurance group dedicated to underwriting energy price risk, providing innovative insurance solutions for the energy market. |
| Low Carbon Group Ltd | Target | Company | A leading renewable energy company and Independent Power Producer (IPP) with a portfolio focused on scaling capital and outperforming in the renewables sector. |
| Guernsey Financial Services Authority | Regulator | Government | Regulates and licenses Paratus for offering insurance solutions. |
| Lansons | Public Relations | Company | Handles public relations for Paratus. |