Does Innogy America offer new risk management strategies? Can this be measured?
Every company approaches risk management differently. However, Innogy has developed new strategies that mitigate conversion risk and reduce performance risk. Our Business Risk Assessment Processes (BRAP) enable us to identify and manage conversion risk, based on an in depth analysis of the generation plant and its market. The risk is measured in commercial terms, which commoditizes the entire production process. World-Gen: You have been quoted as saying that “we take a personal stake — if you don’t make money, neither do we.” Do you take equity positions in projects? Innogy America is willing to guarantee the market facing plant conversion performance that it predicts is attainable by our BRAP process. We are willing to perform the recommended plant improvement work at our own expense in return for a share of the increased plant profits. If the plant doesn’t make more money we get nothing. Innogy America is not offering equity investments in power plants. Miller has experience in dome
