Wind Farm Land Lease

Duration of Lease. The power company (lessee) will initially set up a test site to run a meteorological study for a certain period of time, and the initial lease term will cover the test site.
Building of Facility. Upon successful completion of the testing period, the lessee will construct a permanent wind farm to convert wind energy into consumable power. The locations of the facilities will be determined from the data collected during the testing period.
Rent. Annual rent will be calculated as a percentage of the lessee's actual annual gross sales from wind energy production.
Cost Sharing. The parties will share the cost of constructing any necessary access roads.
Restructions on Construction. The landowner will not construct or erect anything on the land that may negatively impact the output or efficiency of the wind farm.
Applicable Law. This is a generic legal agreement which does not contain country-specific language. There may be laws in effect in your area which will require alterations to this template.
This template is available in MS Word format and is fully customizable.

Document Type:

Microsoft Word