What makes your property a good candidate for solar?
What is a lease/purchase option?
Will I get paid during the option period?
Can I still farm/use my land during the option period?
How long is the lease term?
What happens to the land once the lease is over? What happens if Korsail goes out of business?
Korsail creates comprehensive decommissioning plans for all of our projects and ensures sufficient money is in place to remove the plant and return the land to its original condition. Once the plant is ready to be retired at the end of the lease term, or in the very unlikely event Korsail becomes financially insolvent, the plan will be enacted and cover 100% of the costs of removing the plant and restoring vegetation.
Who maintains the lease area?
Korsail maintains 100% of the lease area including mowing and maintaining vegetation and upkeep on the facility and fencing.
Who pays the real estate taxes?
Korsail will pay 100% of the property taxes on the lease area and the addition of the plant will not increase taxes on any property you keep.
What kind of noise, glare or other disruptions can I expect from the plant?
Can I terminate the lease or purchase option if I change my mind?
What if I don’t own my mineral rights, or I have an active oil and gas lease?
Korsail Energy was founded by a group of solar finance and development experts with a combined 500+MW of development, funding and M&A experience. Based in Denver Colorado, we develop solar and storage projects from coast to coast. We created Korsail to leverage our unique combination of skills and create a top down, offtake-focused development company with the reach and funding to bring projects to fruition. We are private equity backed, well capitalized and actively looking to develop projects across the country. Contact us to get started on your project today.