Surety Bonds Are Key For Solar Tax Equity Funds To Protect Investors

Because they’ve purchased property and casualty insurance, many solar tax equity fund managers and developers may mistakenly believe they have adequately protected themselves and their investors. Yet, the fact is they may be vulnerable to potentially more significant risks.

Without appropriate surety bonding, C&I and Community Solar investors may be completely unprotected from the consequences of contractual defaults by solar project construction contractors, operations management, customer-provider management, and commercial end-users.

At the upcoming Solar Storage & Finance & Investment Texas conference in Houston, Bob Goldstein, CEO, Unique Surety and Insurance Services, LLC, will discuss mitigating solar investment risk through surety bonds. His presentation takes place Tuesday, April 24 at 12:30 p.m. in the Magnolia Hotel.

The renewable energy specialists. Through our dedicated division serving renewable energy, Unique Surety focuses on mitigating risk and providing support for solar arrays and battery storage for commercial, industrial, institutional, manufacturing and wholesale suppliers, government and community solar projects. The bonds, which assure the faithful performance of any type of energy contract, can make a critical difference for solar tax equity firms, developers and their investors.

To learn more about Unique Surety’s solutions for solar tax equity funds and developers, telephone Alicia Walter, 201-298-7022, or Bob Goldstein, 561-536-5997.

Testimonials

After 30 years of owning and operating businesses both nationally and internationally I rarely endorse or provide opinions regarding a company or individual. I am making an exception; Unique Surety & Insurance Services is a rare and select family owned company with the experience of a Fortune “500” company.

Ron, An operator of a national business in Indiana
We are a painting contractor and needed our first bond. Unique Surety made the process quick and painless. It is always a pleasure working with them.

Rebecca, A municipal painting contractor in California
We changed to Unique Surety after being with a bonding agent for 5 years. Unique Surety arranged for much higher performance bonding limits at a much better rate which opened the door to greatly expanding our business. Without Robin and her staff at Unique Surety we would absolutely not be where we are today.

Kari, A contractor in Montana

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After 30 years of owning and operating businesses both nationally and internationally I rarely endorse or provide opinions regarding a company or individual. I am making an exception; Unique Surety & Insurance Services is a rare and select family owned company with the experience of a Fortune “500” company. Ron, An operator of a national business in Indiana
We are a painting contractor and needed our first bond. Unique Surety made the process quick and painless. It is always a pleasure working with them. Rebecca, A municipal painting contractor in California
We changed to Unique Surety after being with a bonding agent for 5 years. Unique Surety arranged for much higher performance bonding limits at a much better rate which opened the door to greatly expanding our business. Without Robin and her staff at Unique Surety we would absolutely not be where we are today. Kari, A contractor in Montana
As a small business, Unique Surety has provided the backing required for my company to take on pivotal projects that have allowed us to grow to be a strong contender in the South Florida construction market. The Unique team is very responsive and professional. I would recommend them to other small businesses in my industry. Laurence K. Butler, Founder & President at Bespoke Construction Management
They are truly unique in the way they do business. When others say no, they say yes. When others say it's impossible, they make it possible by going the extra mile. Unique Surety cares about its clients' success. Kevin Maragh, President for S3S Construction, Inc.