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Leasing wind turbines (and its alternatives)

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  • Johns, Jonathan H

Abstract

The financing of wind farms has historically consisted of a mixture of traditional debt and equity, with debt generally being provided by high street or specialist banks, through inter-company loans, or from International Funding Agencies (IFA's) via National Funding Agencies in developing countries. The use of more innovative financing methods has to date been limited. One possible method of attracting finance for wind farms is the leasing of wind turbines, and this paper sets out the reasons leasing is particularly appropriate for renewable energy (RE) projects (in particular wind farms), the effect leasing may have on returns available to investors, and some of the obstacles that have to be overcome by the RE and wind industry to increase the utilisation of leasing.

Suggested Citation

  • Johns, Jonathan H, 1999. "Leasing wind turbines (and its alternatives)," Renewable Energy, Elsevier, vol. 16(1), pages 872-877.
  • Handle: RePEc:eee:renene:v:16:y:1999:i:1:p:872-877
    DOI: 10.1016/S0960-1481(98)00291-2
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