Canadian Association of Energy and Pipeline Landowners Association Spring 2010 Journal
What many landowners with wind agreements don’t realize is that after a land company puts together a block of signed easement agreements in an area, it can easily sell them to another company for a windfall profit. This reselling process can happen several times before development even gets under way.
Signed easements in a block area are worth a lot of money. In fact, so much money that investment interests from all over the world will stand up and pay attention.The electric company that does the windmill work may be owned by investors from all over the world. Easements for wind turbine construction are “blanket easements.” That means as soon as the farmer signs the agreement, the company that has the easement holds more interest in the land than the farmer.
From that day forward, without the express written permission of the wind turbine company, no further development of the land by the landowner is permissible. Read entire article here