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Renewable energy is a major development sector for Colorado. The State Land Board is eager to lease trust land to developers for renewable energy projects.
We offer ground leases for:
We're proud to be partnering with Xcel to meet the PUC mandate of 30% by 2020 and the CO Energy Plan for Xcel's attaining 56% renewable in CO by 2026.
We currently have about 60,000 acres leased for renewables. Those leases will generate roughly 193 megawatts.
Contact Christopher Smith at 303-866-3454 x3327 (email@example.com) for questions about the renewable energy program.
Contact David Rodenberg at 303-866-3454 x3328 (firstname.lastname@example.org) for questions about leasing.
If the lessee does not wish to renew the lease, or they do not notify the Board in the required time frame, the lease will expire at the end of the term.
Production lease: if a lessee who holds a production lease wishes to extend the lease, they must submit an application for renewal at least twelve months prior to the expiration date of the lease. Lessee must provide proof of an agreement for an on-going revenue stream (PPA or other agreements for a buyer of the electricity being generated) and propose a new lease term. Renewal applications are processed in the same manner as the initial applications and all Production Lease extensions, unless renewal terms are specified in the original lease, it must be approved by the Board.
If the lessee does not wish to renew, or fails to provide adequate notice of a desire to renew, and the lease term expires, the lessee will be required to remove all improvements and remediate the site to its original condition.
If the lessee fails to surrender the leased premises and/or remove all improvements at the end of the lease term, all improvements remaining on the leased premises will be deemed abandoned and may, at the Board’s option, be removed by the Board at the lessee’s expense, retained by the Board, or sold by the Board with all proceeds going to the Board.