Co-development for us can mean different things depending on if our partner is a landowner or an investor. In both cases we structure a complete project where all stakeholders are considered.
A landowner or investor can be involved in wind power project development at a level suitable to their strategy. Etha Wind’s strong wind project expertise provides a solid and reliable platform for collaboration.
From an investor’s point of view landowner cooperation is a critical activity. With investors we prefer to sit down and adjust our way of working to be compliant with their strategy and our experience – no pre-cooked plans exist.
The landowner’s role
The most straightforward role is to provide land for the project and to act for example as a project initiator towards Etha Wind. In this case, the landowner receives, in addition to forest income, land lease payments from the windfarm when it is realized. This option does not involve financial risks for the landowner.
Planning the windfarm area – the landowner as a local expert
The landowner can also play a bigger role. When planning a windfarm area, the project development consultant (Etha Wind) handles all permits and assessments related to the project. The landowner participates in the project by informing Etha Wind about the essential local issues and by actively informing about the project at the local level in cooperation with the project developer. By combining Etha Wind’s wind expertise with the landowner’s local knowledge and contacts, relevant issues and stakeholders can be taken into consideration at an early stage. In this role, the landowner is paid compensation for the work done when the project is realized.
The landowner as an active developer
As windfarms become more common, landowners are becoming more aware of wind energy as an environmentally friendly way of producing energy, and as a business. The landowner may, if he so wishes, be involved in the project as an active developer. Etha Wind is pleased to involve landowners in the development of the project. In this case, the role of the landowner is determined by the amount of risk: the higher the percentage the landowner wants to contribute with to the development of the project, the larger the share will be for the landowner when the project moves on to the windfarm construction phase.