26 September 2014Alternative Risk Transfer

Nephila hedges wind volatility risk

Nephila Capital, the largest reinsurance fund of its type in the world, has provided the risk transfer capacity for a wind variability hedge at a project designed to become New York State’s first community-owned wind farm.
Black Oak Wind Farm will be a community owned wind farm in New York State. The project is currently raising finance, targeting New York residents and companies.

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