Yes, you will be able to farm and ranch your land throughout the entire project process. As an operating wind project takes minimal space and can be co-located with most agricultural land use, the existing operations can generally proceed without impact, creating duel use and dual income for the property. We compensate for any impacts on your operations during construction.
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 increased costs attributable to the wind farm.
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.
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.
No. We decommission our facilities at the end of their useful life. Our removal obligations are secured by funds set aside well before the end of the useful life.
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.