We help businesses who are at the forefront of the energy transition from fossil fuels to renewables to manage the financial risks associated with that transition. Our data sets, indices and software are used by businesses who are deploying green energy assets and for whom the risks associated with periods of low wind / low rainfall, for example, are material and possibly even existential. Our indices are used as the basis of financial hedging transactions helping companies reduce the uncertainty of such investments.
We note that the development of many asset classes has been accelerated by the ability of participants in those markets to exchange risks with other counterparties in an orderly manner allowing participants to reduce uncertainty and therefore drive investment in productive resources. This process has already occurred in the agricultural markets, in hydrocarbon-based markets and in the commodity markets. We believe that the ability to transfer risk in the renewables markets is a necessary condition for reducing dependency on fossil fuels. We make this possible.