Wildlife Risks and Revenue

We have seen threats to project and lease revenue from wildlife risks. In our opinion, significant wildlife risks could (at least in theory) derail an operating project or effectively prevent its repowering. More likely, it seems, wildlife risks would lead to curtailment strategies, like curtailment during low wind speed periods, when certain bat species migrate. This is the suggestion in the recent North American Windpower Article on the Hoary bat species. It is speculative to think that all operating projects will be curtailed for some period during the year due to bat risk; however, if doing a considered estimate of lease revenue value, then risks like those outlined in the recent NAW article should be considered. And other potential wildlife risks should be continuously monitored and considered, as well.