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Project Resources Corporation develops wind projects in the upper
midwest and will introduce Minnesota WindShare as part of these projects.
Minnesota WindShare is an innovative project ownership opportunity for
local landowners and small businesses.
Benefits of Minnesota WindShare:
- Creates community
involvement and ownership
- Uncertified investors can
purchase shares in a wind project that is developed by Project
Resources Corporation
- Reduction in the multitude
of risks associated with front-end development requirements
- May help alleviate some tax
barriers to investment in wind projects experienced by many small
investors
- Provides a healthy balance
of investment and return opportunity to the local community with
maximum project development, construction, and operation efficiency
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Project Resources Corporation's Role:
- PRC will plan each project,
including land, meteorology, permits, contracts for power sales,
interconnection, turbine supply, construction and financing.
- PRC will plan several
projects together using the same crews and equipment to capture
economies of scale
We believe that this
program may better manage risk associated with wind development that has been
a barrier for farmers and small businesses.
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