Bring the Unrealized Value of Your Land or Property to Life
Sell to secure immediate returns or lease to lock in sustained long-term income.
We Buy and Lease Land, Rooftops and Carports to Host Solar
NextGrid works directly with real estate owners to purchase or lease land to host solar systems, including developable land parcels, commercial rooftops, and large parking lots. Property owners are paid to lease their property to NextGrid or sell for cash — often above market value. We’re capable of developing challenging sites, including brownfields, landfills, and properties located on or near coal plants and mine closures.
Pathways For Property Owners
Option to Purchase
We buy land from landowners with an option to purchase agreement. This agreement begins with an option period. During the option period, the landowner may be paid a negotiated option fee. The land can continue to be utilized during this option period while we conduct feasibility studies, obtain interconnection and power purchase agreements, and acquire local permits. Once we secure all of our necessary documentation, we exercise our purchase option, close on the land and pay the landowner in full.
Lease Agreement
We coordinate Lease Agreements with landowners interested in long term income while retaining ownership of their land or building. Lease Agreements begin with an Option period. During this Option period, the landowner is paid a negotiated rent and may still use their property. Meanwhile, we conduct feasibility studies, obtain interconnection and power purchase agreements, and acquire local permits. Once we secure all necessary documentation for a solar system, we transfer into the full terms of the lease.
Solar Leases:
An Investment Grade Tenant for Large Industrial Landlords
NextGrid Solar Leases offer property owners long term, investment grade rental income with no upfront costs or maintenance obligations. With a solar lease, we will install solar panels on your roof or carport, and you will receive income for your underutilized rooftop space. Our leases work seamlessly within triple net lease structures and do not require building access or access to the current tenant’s electricity bill.
Why Property Owners Choose NextGrid
Zero Risk
NextGrid funds and manages every detail, from lease and rent payments to development and construction, enabling property owners to generate income from their land at no cost.
Steady Income
Lease payments are made in accordance with lease terms for 20 years. We pay the rent with the solar system we operate onsite.
Experience
NextGrid is a U.S.-based renewable power company. We have years of experience partnering with landowners to successfully operate solar assets.
Increased Property Value
Generating solar power is often the simplest and most valuable use for the property we invest in. Our lease and purchase rates regularly exceed market value.
Diversify the Grid
By partnering with NextGrid to develop renewable energy on a property, property owners directly engage in the battle to defeat climate change. We simply can’t effect change and deploy renewable power without you.
It’s What We Do Best
Simply put, distributed energy is what we do and we excel in that mission. The majority of our landowners come to us via referrals. Our clients value our transparency, communication and integrity.
Secure Your Land for Future Generations
In an ever-changing economic climate, a solar lease provides the opportunity for a steady income that allows you to hold on to your assets, providing for the future of your family. When our partnership comes to an end, your asset will be restored to it’s original condition for your subsequent plans.
Our Ideal Properties
Below is a brief list of the key factors we evaluate when selecting a host site.
Land
- Limited Wetlands
- No endangered species
- Nearby access to the grid (3-phase Utility within reasonable proximity)
- Favorable topography
- 5 – 50+ developable acres
- Previously disturbed land welcomed
- Landfill or Brownfield
Corporate Properties
- We lease large commercial rooftops and carports
- 40k+ sqft developable surface
- No maximum size—no rooftop is too big
- Close proximity to a substation
- Roof in need of repair or replacement – our team can help
- Carports – We lease parking lot space and install canopy parking to host our solar
Our Process with Landowners
1
Locate
Property
Our development team and channel partners work diligently to identify properties that posses strong potential to host solar. The process can be initiated by the landowner or by NextGrid. For suitable opportunities, we work as quickly as possible to enter into lease or option-to-purchase agreements.
2
Site Host Agreement
Every site and owner are unique. We’ll work with each property owner to satisfy their specific needs, ensuring that the agreement is mutually beneficial for both parties.
3
Development
In many cases, property owners may collect rent or option payments during this period. Rest assured, you will have full use of your land or building until construction. NextGrid endeavors to bring your solar project to life: we manage environmental studies, design the system, secure permits, execute agreements and ultimately construct the project.
4
Operation
Once constructed, a solar system generates power for 20-40 years. The system is low maintenance, quiet and works every day that the sun shines. NextGrid maintains the system and ensures your rent is paid in a timely fashion.
Commonly Asked Questions
Are you a Property Owner interested in earning solar power income?
NextGrid is your dedicated partner in helping unlock the full benefits of using your property assets for renewable energy.