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Solar Lease Payments and Royalties in Coles County, Illinois

Quick answer

Buckhead Energy buys solar lease payments and solar royalties. Coles County, Illinois has one utility-scale solar plant of at least 1 MW, with 200 MW (AC) of capacity in total, according to the U.S. Large-Scale Solar Photovoltaic Database (version 4.0, released April 14, 2026).

Utility-scale solar plants in Coles County

The plant came online in 2021.[1] The plant uses a tracking system that follows the sun.[1]

PlantOnlineCapacity (MW AC)Mounting
Prairie Wolf Solar, LLC2021200Tracking

Source: U.S. Large-Scale Solar Photovoltaic Database (USGS, LBNL), version 4.0, released April 14, 2026. Data compiled November 1, 2026.

What the data means for solar lease owners in Coles County

Solar lease agreements can last 20 to 30 years.[2] Federal guidance for farmers describes solar lease payments as typically structured as a fixed annual or monthly fee per acre, or as a percentage of the energy generated by the solar panels.[3] Rent during the operations period will likely include an inflation adjustment, which may be tied to a measure like the Consumer Price Index or set at a fixed rate.[4]

What you sell and what you keep

What Buckhead buys depends on the deal, and Buckhead tells the seller up front which interest it is offering to buy — for example, the payments for the rest of the current lease term, a term easement, or a longer-term interest. Solar rent is paid period by period, the operations period may last 20 years or more, and renewals are at the developer's option.[4] The land can be converted back to agricultural uses at the end of the installation's operational life.[3]

Educational information only — not legal, tax, or investment advice. The figures are public reference data, not a valuation or appraisal of any interest. Consult a qualified attorney, CPA, or landman about your specific situation.

Frequently asked questions

How many utility-scale solar plants are in Coles County, Illinois?

Coles County, Illinois has one utility-scale solar plant of at least 1 MW, with 200 MW (AC) of capacity in total, according to the U.S. Large-Scale Solar Photovoltaic Database (version 4.0, released April 14, 2026).[1] Utility-scale power plants have at least one megawatt of electricity generation capacity.[5]

Which solar plants operate in Coles County?

The plant is Prairie Wolf Solar, LLC (2021, 200 MW AC).[1]

Can I sell solar lease payments or royalties in Coles County?

Buckhead Energy buys solar lease payments and solar royalties. What Buckhead buys depends on the deal, and Buckhead tells the seller up front which interest it is offering to buy — for example, the payments for the rest of the current lease term, a term easement, or a longer-term interest.

When did solar plants in Coles County come online?

The plant came online in 2021.[1] Solar lease agreements can last 20 to 30 years.[2]

Which nearby Illinois counties also have utility-scale solar plants?

Nearby Illinois counties with utility-scale solar plants include Clark County (165.3 MW AC), Champaign County (25.1 MW AC), Fayette County (100.8 MW AC), Clay County (252 MW AC) and Montgomery County (44.2 MW AC).[1]

Related pages

Solar Lease Payments and Royalties in Illinois

Selling Solar Lease Payments and Solar Royalties

Oil and gas mineral rights in Coles County, Illinois

Mineral rights in Illinois

Solar Lease Payments and Royalties in Clark County

Solar Lease Payments and Royalties in Champaign County

Solar Lease Payments and Royalties in Fayette County

Solar Lease Payments and Royalties in Clay County

Solar Lease Payments and Royalties in Montgomery County

Sources

[1] U.S. Large-Scale Solar Photovoltaic Database (version 4.0, released April 14, 2026) — U.S. Geological Survey and Lawrence Berkeley National Laboratory (accessed November 1, 2026)

[2] Solar Lease Considerations for Landowners — Texas A&M AgriLife Extension (accessed November 1, 2026)

[3] Farmer's Guide to Going Solar — U.S. Department of Energy (accessed November 1, 2026)

[4] Farmland Owner's Guide to Solar Leasing — Ohio State University Extension and the National Agricultural Law Center (accessed November 1, 2026)

[5] Solar explained: Where solar is found and used — U.S. Energy Information Administration (accessed November 1, 2026)

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