Geothermal Resource Risk Insurance

The uncertainty surrounding the success of initial development drilling for geothermal reservoirs, combined with substantial drilling costs, has made many good-quality geothermal projects difficult to finance. Parhelion offers a policy to project against the risk that insufficient geothermal energy will be obtained from an agreed drilling program.

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California ARB Offset Credit Invalidation Insurance

Parhelion offers coverage against the risk of invalidation associated with ARB Offset Credits (Offsets). The risk of invalidation has created a price differential between Offsets where the invalidation risk remains with the buyer (‘Buyer Liability’) and those where the risk is transferred to another party (‘Seller or other Third Party Liability’).

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Next steps

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