A Community Wind Meeting will be held at the Wm. Carpenter 4-H Bldg. in Scott City, on north US83 Hwy., at the Scott County Fairgrounds. As you get to the north end of Scott City, turn east at the golf course (Fairground Road) and you can’t miss it.

This three-day conference will focus on:

* current debt and tax credit equity structures for wind financing, providing a solid understanding of how deals come together;
* up-to-date information on pending legislation and current federal and state policies for wind energy;

The Harvesting Clean Energy Conference is the Northwest’s premiere gathering for agriculture and energy interests working to advance new opportunities for agriculture producers and rural communities in clean energy production. Clean energy offers real solutions – financial and practical – for our farmers, ranchers, rural utilities and towns, tribes, and regional economy.

IRS bulletin 2007-45 (skip to page 967) provides a summary of IRS Rev Proc 2007-65 which establishes a safe harbor for the allocation of tax credits for wind projects that use a flip business structure.

February 19-20; Austin Convention Center; Austin, TX

This publication was released by Farmer's Legal Action Group in August 2007. According to the FLAG website, "This book serves as a guide to the many legal issues faced by farmers and rural landowners who seek to develop wind energy projects.

Developing community wind is no simple task. Experts on this panel will dissect both legal and financial aspects of the development process to show how the many pieces can fit together. Topics covered in this session will include the legal aspects of your business structure, negotiating power purchase agreements, understanding and locating tools for financing, factors affecting financing and your proforma.

A power purchase agreement (PPA) is a contract to buy the electricity generated by a power plant. These agreements are a critical part of planning a successful wind project because they secure a long-term stream of revenue for the project through the sale of the electricity generated by the project. Securing a good PPA is often one of the most challenging elements of wind project development.

This section covers the basics of a power purchase agreement and things to consider as you negotiate with a power purchaser. The main topics covered in this section are:

• Length of the Agreement
• Commissioning Process
• Sale and Purchase
• Curtailment
• Transmission Issues
• Milestones and Defaults
• Credit
• Insurance
• Environmental Attributes or Credits