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Glossary

Grid Interconnection

Grid interconnection is the process of connecting an energy generation or storage project to the electrical grid. Solar farms, wind projects, and battery storage facilities typically require an approved interconnection before electricity can be delivered to the power system.

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Ground Lease

A ground lease is a long-term agreement in which a property owner leases land to a tenant, who typically constructs or installs improvements on the property….

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Ground Lease Buyout

A ground lease buyout occurs when a landowner monetizes some or all of the future income from a ground lease in exchange for a lump-sum payment….

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Highest and Best Use

Highest and best use is a real estate concept used to determine the most financially productive legally permitted use of a property. Infrastructure development can sometimes…

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