Contact:
Brian K. McCarthy
978.531.1822 (x321)
PEABODY, MA: November 29, 2010:
Energi announced today it has introduced a program that insures the energy savings guaranteed by
Energy Services Companies (ESCOs) for their building retrofit and other energy efficiency projects.
Energy Savings Warranty (ESW) will provide government agencies, municipalities, institutions, and other building owners with the security that if the ESCOs guaranteed savings on a project are not realized, the ESCO's payment obligations to the owner are protected by insurance. The Energy
Savings Warranty Program will be available for projects undertaken by qualified ESCOs. Policies will be underwritten through International Insurance Company of Hannover, an operating insurance company of Hannover Re.
Energi CEO Brian K. McCarthy explains the economic and intrinsic value of this new program: “ESW provides project owners and the institutions that finance projects the knowledge that insurance will both survive the construction phase of the energy efficiency project and supply critical protection for expected savings. It is clear that ESW will be the mechanism that opens the door for more energy
Energi Holdings, Inc.
10 Centennial Drive - Peabody, MA 01960 - T 978.531.1822 F: 978.531.4847

PAGE 2 efficiency projects, resulting in job creation and more efficient consumption of energy.”
Hannover Re’s CEO Ulrich Wallin explains, "Working together, our companies have leveraged our collective expertise in the warranty arena to develop an insurance product that meets the needs of
ESCOs doing business in the US energy savings marketplace. The new ESW product not only provides security for the financing of these important projects, but also reduces the balance sheet exposure associated with the guarantees related to the same projects."
"We've worked closely with Energi to create a policy that is responsive to the structure of energy performance contracts, and the needs of this marketplace," stated Jonathan Furr, a Partner with
Holland & Knight LLP, who has represented numerous owners on energy performance contracting projects. "This product has been developed to provide a layer of security for a broad range of performance contracting opportunities, based on a deep understanding of the ESCO's and owner's roles and responsibilities in these projects."
Energi Programs are offered directly or through a select network of independent insurance agents and brokers, and is available in all 50 states. Contact Brian K. McCarthy at (978) 531-1822 ext 321 or visit www.energi.com
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About Energi Holdings Inc. and Energi Insurance Services Inc.
Energi Holdings, Inc. is a Delaware based holding company that provides specialized insurance and risk management solutions to energy firms engaged in targeted market segments, through a wholly owned subsidiary Energi Insurance Services, Inc., (a Massachusetts Insurance Brokerage & Program Administration
Company). Founded in 2005 by leading insurance professionals and energy industry leaders, Energi is licensed in all 50 states. www.energi.com
Energi Holdings, Inc. and Energi Insurance Services, Inc.
10 Centennial Drive - Peabody, MA 01960 - T 978.531.1822 F: 978.531.4847