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What Phase are We In?

March 18, 2025 (3 min read)

Wind leases generally contain an option or development phase, where a wind developer runs tests and maintains the ability to make a decision whether to proceed with the wind development. This period of years is all-important, as a nine or ten figure investment is predicated on the outcome of testing during this phase. Learn how to negotiate an option phase clause on behalf of your clients by watching our Wind Leases: Option or Development Phase Video.

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Related Content

  • Wind Leases: Oil and Gas Developments Video
    Learn about the interaction between wind leases and existing oil and gas / mineral interests, and how mineral interest owners may take precedent over your clients’ new wind lease.
  • Wind Leases: Lease Terms Video
    Understand how to negotiate and draft the correct wind lease term. This allows you to avoid a term that is not financially viable for the wind developer while ensuring the landowner is not overly burdened by the wind lease.

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