Troutman Pepper client UBS Asset Management, a large-scale asset manager with a presence in 23 markets, recently announced its role in a pioneering insurance structure aimed at promoting investment in clean energy. The firm provided legal support to UBS Asset Management in the development of this innovative product, a collaboration between USQRisk, LLC and Ascend Analytics, LLC. Read a company press release.
This unique insurance offering is designed to provide more efficient financing for utility-scale energy storage projects. It offers a new level of revenue protection, thereby reducing financing risk and encouraging the development of energy storage projects.
Troutman Pepper attorneys, Vaughn Morrison, John Leonti, Kimmy Fishman, James Tilghman, Steve Kim, Alex Bulkin, Mitchell Emmert, Andrew Thurmond, Nickolas Guttman, and Charlie Suessmith served as legal counsel to UBS Asset Management.
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