Letter of Intent (LOI) for Purchase of Solar or Wind Farm
This Exclusive Letter of Intent (LOI) is for a purchaser to lock in exclusivity to purchase a wind or solar farm from a developer. The purchase price is based on a tiered structure that is dependent on a percentage of revenues from the Power Purchase Agreement (PPA) for the facility. A transaction overview, the purchase price terms, a facility description, due diligence, confidentiality, non-circumvention and other key provisions are included to protect both parties pending completion of a final purchase agreement.
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