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Posted on 7/15/22 at 4:44 pm to GREENHEAD22
quote:
Did you ever look into the disposal/remediation clauses and or bonding in the contracts?
It varies by state and developer. Some states allow for the developer too displace the liability onto the land owner through contract performance, some through a bond. Others force the asset manager to perform that duty via cash, bond or having a back up servicer combined with a bond. The EPA and NREL have been trying to get some alignment but as we all know, no one can agree on anything. While I agree with how the EPA was recently neutered, it was probably the best opportunity to get a national strategy.
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