Vaisala supplies data to Endurance Specialty Holdings for innovative wind hedge

By Michelle Froese View of Mt Millar wind farm. (Source: Meridian Energy)
Vaisala, a global provider of environmental and industrial measurement, is providing the long-term wind measurement data required by Endurance Specialty Holdings, a provider of property and casualty insurance and reinsurance.
The data will help complete a multi-year wind hedging transaction with Meridian Energy Australia, a leading Australian electricity supplier. The contract provides financial protection against the risk of low annual earnings from price and volume variability at Meridian’s Mt. Millar wind farm in South Australia.
Securing a power purchase agreement (PPA) at a reasonable price is becoming a greater challenge for wind projects around

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