FAQ’s

Renewa is a unique hybrid of finance, real estate and renewable energy professionals, working literally at the ground level to accelerate the transition to renewable energy. Renewa partners with landowners for lease and land monetization, while also working with project developers, providing capital solutions for site control and capital efficiency.

Renewa is a unique hybrid of finance, real estate and renewable energy professionals, working literally at the ground level to accelerate the transition to renewable energy. Renewa partners with landowners, project developers and investors, providing capital solutions to protect land and ensure its responsible use in our energy future.

Renewa was established in 2021 as Paloma Solar and Wind. We changed our name to Renewa in 2023.

In solar projects, Renewa will buy your land and the lease payments, typically for a higher valuation. Otherwise, we’re interested in purchasing the minimum wind or solar revenues associated with your current ground lease. Our offer, in this case, would only cover the existing wind turbines or solar panels under the current ground lease. Once the current ground lease terminates, Renewa would no longer be entitled to receive any payments. Renewa’s offer for a revenue assignment would not include your surface or mineral interest.

We can present a firm offer after a review of the executed ground lease and most recent royalty statement. We can also close within 30 days of reaching an agreement.

Many of the landowners who sell to Renewa take advantage of the current long-term capital gains tax rates, paying 15%-20% of the lump sum in taxes and reinvesting the remainder into an asset class that outpaces inflation. Others use the lump sum to purchase more land, a second home or commercial property through a 1031 exchange. Both options can potentially achieve a greater return than annual lease payments.

In some cases the ground lease contains a confidentiality provision. However, most confidentiality provisions allow you to share the information with a potential purchaser. If you are interested in Renewa’s offer but are concerned about potential confidentiality issues, Renewa will work with you and your current operator to help alleviate any concerns.

Renewa is not interested in purchasing the wind rights associated with your property and is not offering to sever your wind rights. Renewa works with renewable operators to ensure your interests are transferred properly.

On paper, Renewa’s offer looks to be less than what you could make over the term of your lease by holding on to your recurring payments. However, your lease gives the operator the right to shut down the project at any time. Another important factor to consider is the variability of inflation which can greatly alter the value of your leasehold. Royalty escalation rates in renewable energy ground leases typically do not outpace the expected rate of inflation. Over the life of the lease, taxes and inflation can reduce the purchasing power of your rental payments by over 50%.

Renewa is funded by US pension capital and managed by one of the most experienced infrastructure investment teams in the world, with $20 billion of infrastructure investments globally.

Renewa can present a firm offer within five business days of reviewing the executed ground lease and most recent rent statement. Renewa can close within 30-45 days of reaching an agreement.

Renewa helps developers achieve their growth strategies, decarbonization goals and deliver critical energy and infrastructure assets. As the land partner for the project, Renewa plays a critical role by contributing to the project financing, lowering project costs and improving project returns. We provide funding and support across the entire project lifecycle, including early stage pre-NTP, under construction and post COD projects.

Renewa provides long-term custom funding support throughout the entire project lifecycle. We work quickly and efficiently to keep projects moving smoothly. And our financial strength allows us to offer a more competitive cost of capital.