Under a new program from community wind farm developer National Wind, companies can invest in a new wind farm in such a way that the return on their investment would offset costs of buying electricity generated by the facility. The patent-pending Windfrastructure Partner Program, as it is called, offers an alternative to buying Renewable Energy Certificates or purchasing green power through a utility. It would see National Wind developing a wind farm in the same region as the large power user, which would then buy power from the wind farm, then as an investor in the wind project, the power user would receive a form of repayment. Repayment options could see a company receiving payment equivalent to the premium paid for the green electricity compared to regular fossil fuel based energy, or could involve the power user securing up to a 50% equity interest in the wind proejct. Minneapolis-based National Wind said the program allowed for “traceable, brandable and financially neutral” green electricity for larger power users. read more
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