GCube Enters Partnership Deal With Munich RE
February 8, 2012, New York & London – GCube, the leading provider of insurance services for renewable energy initiatives, has entered into a partnership agreement with Munich Re. The deal links two of the leading players currently operating in the renewable energy space; introducing new capacity into the market and fostering greater potential for future sector innovation and growth. Under the terms of the agreement, the new capacity from Munich Re will diversify and enhance the existing GCube underwriting offering. The introduction of this new capacity represents a major step forward...
Read MoreGCube Increases Capacity By An Additional $100 Million For Offshore Renewable Energy
January 25, 2012, New York & London – GCube, the leading provider of insurance services for the renewable energy industry, has added an additional USD$100 Million to its existing offshore renewable energy project capacity. With significant growth in the offshore renewable energy sector, particularly in Europe and potentially the US and South East Asia in the near future, there is a market need for insurance capacity that supports the increasing size and global proliferation of offshore wind developments. Having a long and highly regarded reputation in underwriting renewable energy...
Read MoreGCube Underwrites Australia’s First 10MW Solar Farm
January 23, 2012, New York & London – GCube, the leading provider of insurance services for renewable energy projects has announced that it has underwritten Australia’s first utility-scale solar power project. The 10MW Greenough River Solar Farm, near Geraldton, Western Australia, broke ground in November 2011 and is currently undergoing construction – due to be operational in mid 2012. Approximately ten times larger than any operating solar project in the country, the deal marks the start of what could be a period of significant clean energy investment and growth. The Australian...
Read MoreGCube Continues to Expand US Underwriting Capabilities
November 10, 2011, New York & London – GCube is pleased to announce that John Larisey and Yulia Michael have joined the company, the leading provider of insurance services for the renewable energy sector around the globe. John Larisey joins the firm as Vice President of Underwriting and Yulia Michael as Assistant Vice President respectively. Both will cover all renewable energy risks. “We are extremely happy that John and Yulia were able to join the underwriting team at GCube.” says John McLane, GCube Insurance Services President. “John brings knowledge of the West Coast...
Read MoreGCube Underwrites Italy’s Largest Windfarm
October 25, 2011, New York & London – GCube, the leading underwriter for renewable energy initiatives has announced that it has been selected by Nsure Ltd, to underwrite the Falck Renewables Buddus – Al dei Sardi wind farm, Italy’s largest wind power project to date. The deal comes at a critical time for the European wind energy market, as Sardinia looks set to become one of the first regions in the continent to meet the Kyoto Protocol renewable energy targets. To date, Falck, the fourth largest renewable energy provider in Europe, has secured over Euro 230 million in project...
Read MoreGCube Backs WWF Low Carbon Energy Report
October 24, 2011, New York & London – GCube the leading underwriter of renewable energy initiatives, backs and endorses the findings from the latest WWF report that assess the future of sustainable energy supplies. The report comes at a time when the energy industry faces a number of challenges. Consumers are striving to keep their energy bills low, Government is cutting financial incentives for small-scale renewables, and deadlines for de-carbonising the power sector are looming closer. The report, however, provides a coherent set of recommendations to manage the transition to a...
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