Solar Leases: Legal, Business and Practical

Solar energy has been one of the few growth industries in an otherwise dismal economic environment. The leasing of rooftops, parking lots and land has become a popular source of revenue for property owners. In addition, anyone that is a consumer of electricity, or has capital to invest, can benefit from a solar energy project. Professionals negotiating solar leases and related documents must take into account varied and important legal and business issues. Parties must consider whether a lease, license or easement is the proper vehicle for their specific project. Once the proper vehicle is chosen, the parties must weigh the competing interest of the stakeholders regarding important issues such as casualty, assignment rights, maintenance, indemnifications, taxes, performance guarantees and insurance, among others. Careful crafting of the deal documents is critical to ensure the parties are getting the deal they expect. 

This live audio conference will explain the nuts and bolts of a solar energy project and how to best craft deal documents that work for all parties involved. The program will examine various project structures and explore practical considerations for investors, developers, lenders, site hosts and governmental entities involved in solar energy projects. If you are about to embark on a solar energy project or if you are currently involved in structuring or implementing a solar project, you will benefit from the insight and practical advice provided by this program.

Learning Objectives:

• You will be able to identify project structures.
• You will be able to describe specific lease issues.
• You will be able to review whether to lease, license or easement.
• You will be able to define the public bidding requirements.