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What Phase Are We In?

April 16, 2024 (2 min read)

Wind leases generally contain an option or development phase, where a wind developer runs tests and then maintains the ability to decide 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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