Landowners
Creating Community Partnerships
Our community development approach is the foundation of each project we develop so that everyone in the local community sees benefits in multiple ways. We invite conversations with all interested parties, offering maximum transparency during each phase in the project cycle. Our history of open communication ensures that we ultimately build better projects for that area, and are good neighbors for years to come.
We believe that every person in the community should benefit from the project that resides there and we strive to spread our investment to include benefits such as:
- Shared revenue lease payments
- PILOT payments
- County road improvements
- “Good neighbor” agreements
- Minimum setback requirements
- Decommissioning security
- Sponsorships
- Education programs
- Direct investments in community programs and schools.
NRS is always open to discussing possibilities for future development. So, if you own land in an area with amazing wind or have a group of landowners who are passionate about bringing renewables to your community, please contact us to discuss this opportunity.
– Elmer White, Grady, NM
Landowner in Broadview Energy Prime and Grady Wind Energy Center Projects
Frequently Asked Questions
If I sign a lease, does this restrict my access to my land?
You will be able to still farm and ranch your land throughout the entire project process. We compensate for any impacts on your operation during construction.
Will turbines on my land increase my property taxes?
No, any wind facilities that are placed on your land are our property and will be paid for by us. If for any reason your property taxes do increase, then we will reimburse you for the costs.
Are you going to put a wind turbine next to my house?
No, there are county ordinances and regulations that we will abide by, as well as industry standards that we follow for setback distances. Typically, we’ll place turbines at least 1500 feet away from any occupied structure unless the county ordinance specifies a greater distance.
Will we receive payment for any crops/grassland damaged?
Yes! We will reimburse for any grasslands or crops that are damaged from construction, maintenance, or malfunctions that are caused by the project during the development, construction, operation, and decommission periods.
Are you going to leave the wind turbines on the property after the project ends?
No. We decommission our facilities once the lifespan of the lease is over.
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In mid 2021, NRS was acquired by BlackRock Real Assets – Climate Infrastructure Group* (“BlackRock”) with the intention of accelerating the development of its pipeline of projects toward financing, construction, and operations. With NRS’ on-the-ground development and origination expertise and BlackRock’s capital markets support and global reach, we have positioned ourselves as a major player in the U.S. renewable energy market.
* BLACKROCK REAL ASSETS OPERATES ONE OF THE LARGEST CLIMATE INFRASTRUCTURE EQUITY INVESTMENT PLATFORMS IN THE WORLD WITH OVER $9.7 BILLION IN TOTAL COMMITMENTS AND INVESTMENTS IN 450 RENEWABLE POWER AND OTHER CLIMATE RELATED PROJECTS ACROSS 17 COUNTRIES AND 5 CONTINENTS.
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