Brightening Up Environmentally Impaired Properties with Solar

July 1, 2011
Brett Slensky
Association of Corporate Counsel's "Green-house Counsel"

In recent years, federal and state governments have promoted and incentivized the private development of renewable energy generation, with a particular emphasis on solar, as a means to advance energy-related public policy goals. Given the available financial incentives and the potential for long-term benefits for the project host that are typically associated with these projects (e.g., lower energy costs, the potential for lease income, positive public relations opportunities, etc.), more and more businesses are scrutinizing their portfolio of underperforming land assets for a parcel where a renewable energy generating facility may be feasibly developed.

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