Data management company Iron Mountain has layered additional hedge contracts onto virtual power purchase agreements that it signed with two wind farms in 2016 and 2017 as it seeks to mitigate various risks associated with the popular renewable energy contracts. REsurety provided the valuation and risk analytics for the transactions, and will serve as calculation agent for tracking and settlement over the lives of the contracts.
Tag Archives: VFA
PRESS RELEASE: Iron Mountain teams with Birch Infrastructure & REsurety to de-risk clean energy procurement
REsurety helps Iron Mountain limit its exposure to variable weather and power markets, to achieve both sustainability and financial goals while investing in offsite renewable energy.
WHITE PAPER: Accounting Primer for C&I Renewable Energy Buyers
For C&I Buyers looking to mitigate risks in their PPAs, CohnReznick provides new accounting guidance on Volume Firming Agreements and Settlement Guarantee Agreements in a whitepaper co-published with REsurety.
The Next Generation Of Risk Management For Renewable Energy
Contributing author, REsurety’s CEO Lee Taylor, breaks down how Proxy Revenue Swaps work, and outlines the benefits of risk mitigation tools.
PRESS RELEASE: Microsoft: Buying renewables should be easy
Microsoft discusses their co-development and adoption of Volume Firming Agreements: a tool that enables PPAs to more effectively serve as protection against energy price fluctuations.