As we approach the beginning of a new year, financing options for energy projects (both conventional and renewable) under the current economic conditions continue to be a challenge and a focal point for the energy industry. In order to gear up for financing opportunities in 2011, I, along with my colleagues Marcus Wood, Graham Noyes
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North Dakota Legislature Addresses Wind Leases, Easements and Options
In its final days of session, the North Dakota legislature passed a bill creating certain requirements for leases or easements for wind energy development that are entered into in the state.
The bill’s requirements for wind leases and easements include: placement of a cover page on every wind lease encouraging the landowner to review the agreement with his or her attorney; negotiations may not be maintained…
Nebraska Passes Legislation Governing Wind Leases
The Nebraska legislature recently passed a bill amending existing state law governing wind easements, wind options, or wind leases or lease options entered into in the state for the purpose of wind energy development. Substantive terms of the legislation include a limitation on the initial term of the agreement of not more than 40 years, and an…