lease land for wind farms

NACEL Energy is one of the first publicly-traded wind energy companies in America developing utility class power generation in the 10-30 MW project size market niche.

WindVest™ is NACEL Energy’s solution for building partnerships with landowners or joint-ventures with small wind developers. WindVest™ was conceived to address three major obstacles to developing wind projects experience by landowners and developers:

• the lack of interest on the part of many utilities in the 10-30 MW market niche
• the scarcity of early stage capital to initiate wind power generation projects in the 10-30 MW market niche
• the lack of tax-efficient structures in the 10-30 MW market niche to utilize Federal and State incentives for wind energy development.

For a landowner, WindVest™ begins with an initial wind resource, transmission assessment and financial survey of the proposed site.  At the successful conclusion of the WindVest™ process, a long term wind development rights agreement offering royalty and other monetary payments to the landowner is provided.

For a developer, WindVest™ can provide solutions at all stages of wind development – from measuring the wind resource potential of the site, to advice regarding interconnection and permitting, to the negotiation of power purchase agreements. WindVest™ includes the establishment of a Limited Liability Corporation (LLC) which determines the ownership positions in the project and the amount of early-stage capital invested by NACEL Energy. The WindVest™ LLC is structured to "monetize" the Federal Production Tax Credit (PTC). In addition to the revenue stream generated by the turbines, the PTC is a significant additional source of revenue for a utility class wind power generation project.