Posted 1/12/2021 19:05 (#8746097 - in reply to #8746034) Subject: RE: Solar farms
Sounds familiar with a couple companies that bid farms here . I know of three proposed sights close to us . Tva I think is needing so much green energy to be compliant with fed guide lines. No bids were excepted here , but I heard rental rate offers were in the 7-9 hundred dollar an acre range .Atleast one of these companies were allowing front loading of the rent payments , say 1500 a year for the first 10 , then back the future ones down . I would only suggest , proceed with caution , land could double , or triple in this time frame , if it’s in the right location, and 25 years is a long time .The 1600 acres sounds right , similar to deal here. Make sure if your deal was to happen , they escrow enough to clean the farm up at termination.