Commercial property insurer FM’s renewable energy operation insurance policy is now available to clients in Europe, the Middle East and Africa.
FM Renewable Energy was formed last year, and focuses on research, standards development and loss-prevention engineering around utility-scale ground mounted solar, onshore wind power and battery energy storage systems.
“We are thrilled to expand our renewable energy services and solutions to more FM clients around the world,” said Doug Patterson, senior vice president, Forest Products and FM Renewable Energy at FM. “With FM’s research capabilities and engineering-based approach to risk mitigation and protecting our clients’ purpose, we are in a unique position to help our clients in their energy transition and take a leading role in supporting the renewable energy industry as it evolves.”
Renewable energy projects face a wide range of risks, from windstorms and hail to lightning and equipment breakdown.
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