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CAC Specialty Broker Nathan Wonder Recognized as a 2024 Renewable Energy Power Broker

Nathan Wonder, VP, Surety, Natural Resources, CAC Specialty

Nathan Wonder
VP, Surety, Natural Resources
CAC Specialty, Portland, Ore.

“Nathan has done a fantastic job for us this year,” said one CFO.

“He led the placement of $21.25 million of innovatively structured surety-backed letters of credit and, separately, placement of $1.2 million of decommissioning-related surety bonds. Nathan is consistently diligent, proactive and creative in structuring credit support packages, which has enabled us to scale our development portfolio significantly and flexibly.”

Another risk manager added that “in addition to being incredibly flexible and accommodating, Nathan has helped navigate our evolution as a business from standard construction bonding to being a first-time solar owner and operator. We have come to rely on Nathan for his industry insights and candor on market conditions. He is transparent, reliable and responsive.”

One client had developed an innovative financing mechanism for supporting a very large renewable energy project. It needed surety bonds on an expedited basis, which is not how surety bonds usually work. There are only a few sureties that write, and only a few banks that will handle the instruments.

“We needed Nathan’s help in getting credit support in a way that was very difficult to place because it was outside the normal financing package,” said the managing director. “Other brokers had told us the approach we were using was too new and too complex for surety underwriters. We are incredibly grateful for Nathan’s performance and his originality in getting this done.”

All 2024 Power Broker Winners

2024 Renewable Energy Power Broker Winners and Finalists


What is a Power Broker?

A Risk & Insurance Power Broker® is an individual who stands out among their peers for the exceptional client work they have delivered over the past year. While brokers play many key roles in the insurance industry and risk profession, a Power Broker® award recognizes problem solving, customer service and industry knowledge.

Our goal is to broadly recognize and promote outstanding risk management and customer service among the brokerage community.

Who selects the winners?

Power Brokers are selected by risk managers based on the strength of the testimonials they provide to a team of 15 Risk & Insurance editors and writers.

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