Energy sector

Guarantees for the energy sector

As with the manufacturing industry, the construction/production of incineration facilities, wind farms, etc. requires considerable material purchases by suppliers. To a certain extent, the supplier may seek to cover these costs by securing an advance payment from the buyer. Similarly, buyers often require a guarantee of repayment in the event that the supplier fails to meet its contractual obligations. As is also the case for the manufacturing industry, buyers may require guarantees that operations meet the obligations stipulated in the relevant contract.

Here you can read more about the most usual guarantees in the energy industry:

Advance payment bonds
Delivery bonds
Performance bond
Bid bond
Payment bonds
Rental bonds