FERC Clarifies Reporting of Land Acquisitions for Developers

April 2009
Venulex Legal Summaries;2009 Q2, Special section p1
The article focuses on the new reporting requirements of the U.S. Federal Energy Regulatory Commission (FERC) on land acquisitions that may affect wind and solar developers. FERC requires holders of market-based rate authority to submit quarterly and annual reports of such acquisitions. Holders are required to file a quarterly change in status report if it has controlled the site for a new wind or solar generation capacity development. The annual reports include land acquisitions, leasehold interest, option to purchase or lease and other arrangements.


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