The number of renewable energy projects has expanded over the last several years and so too has the number of landowners with valuable solar and wind leases. In response to this uptick there are a growing number of companies whose expertise is landowner lease monetization in the oil & gas, cell tower and/or billboard segments who are changing lanes to respond to the renewable energy boom.
We at Madison Street Energy have been working with solar and wind lease landowners for several years backed by decades of experience working in renewable energy project development, lease procurement and finance. This unique background sets us far apart from the organizations who come from other market segments. When landowners consider the benefits of a solar/wind lease buyout, the distinctive qualities of these leases require the experience and know-how of renewable energy industry veterans, like us.
One important difference between solar/wind leases and those executed for other land uses, is that the standard in other industries (cell tower, oil & gas, and billboards) is to require a perpetual or 99-year easement agreement as collateral against lease payments. The newcomers don’t understand the nuances of renewable energy leases, and that therefore when buyout agreements are structured, there is no need for landowners to grant any property rights, however they require them and often do not divulge them to landowners until closing, MSE requires no easement.
Another crucial way MSE better meets the needs of solar and wind lease landowners is our buyout process. Our team works closely with interested landowners, listening intently to what their concerns and goals are concerning the buyout option. The experience we bring to bear allows us to prepare accurate financial models for landowners allowing them to make well-informed decisions. And because of our years of working within the renewable energy industry we have long term relationships with all the major renewable energy companies, and therefore we work hand in hand with project owners to coordinate the lease transfer when a landowner opts to sell his/her lease to us.
If you have a solar or wind lease and are interested in partnering with us to unlock the value of your lease, please contact MSE by phone at (312) 584-0852 or via email at contact@madisonstreetenery.com.
