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Wind Royalties and Lease Payments in Indiana

Quick answer

Buckhead Energy buys wind lease payments and wind royalties. Indiana has 25 operating wind projects with 1,644 turbines and 3,617.1 MW of recorded capacity across seven counties, according to the U.S. Wind Turbine Database (version 9.1, released September 28, 2026).

Wind projects by county in Indiana

Benton County, White County and Randolph County have the most recorded wind capacity in Indiana, with 1,249.3 MW, 1,202.7 MW and 412.3 MW.[1]

Wind projects in Indiana came online between 2008 and 2023.[1]

CountyProjectsTurbinesCapacity (MW)Online
Benton County86471,249.32008–2023
White County94921,202.72009–2023
Randolph County6166412.32010–2021
Warren County1121320.12020
Jay County293232.72017–2020
Tipton County169110.42012
Madison County15689.62012

Source: U.S. Wind Turbine Database (USGS, ACP, LBNL), version 9.1, released September 28, 2026. Data compiled November 3, 2026.

How wind leases pay

In royalty arrangements, the developer pays the landowner a percentage of the revenue received from the electricity produced by the turbines.[2] In a flat or fixed-fee arrangement, the developer pays a fixed fee per turbine, per unit of land or per megawatt of installed capacity on a monthly or yearly basis.[2] Wind power leases generally have terms of 20 to 40 years, often with an option to extend, while a typical utility-scale wind power project has a useful life of 20 years.[2]

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. A wind lease rents land for a term of years, and wind power leases generally have terms of 20 to 40 years, often with an option for extending the lease.[2] Under a wind lease, the landowner typically keeps the right to continue to grow crops, raise cattle or otherwise use the land outside the project.[2]

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 wind projects are in Indiana?

Indiana has 25 operating wind projects with 1,644 turbines and 3,617.1 MW of recorded capacity across seven counties, according to the U.S. Wind Turbine Database (version 9.1, released September 28, 2026).[1]

Which Indiana counties have the most wind capacity?

By recorded capacity, the leading counties are Benton County (1,249.3 MW), White County (1,202.7 MW), Randolph County (412.3 MW), Warren County (320.1 MW) and Jay County (232.7 MW).[1]

Can I sell wind lease payments or royalties in Indiana?

Buckhead Energy buys wind lease payments and wind 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 were Indiana's wind projects built?

Of the projects with a recorded year, five came online in the 2000s, 11 in the 2010s and eight in the 2020s.[1] Wind power leases generally have terms of 20 to 40 years, often with an option to extend, while a typical utility-scale wind power project has a useful life of 20 years.[2]

Related pages

Selling Wind Royalties and Wind Lease Payments

Mineral rights in Indiana

Solar Lease Payments and Royalties in Indiana

Coal Mineral Rights and Royalties in Indiana

Sources

[1] U.S. Wind Turbine Database (version 9.1, released September 28, 2026) — U.S. Geological Survey, American Clean Power Association and Lawrence Berkeley National Laboratory (accessed November 1, 2026)

[2] New York Wind Energy Guide for Local Decision Makers: Land Agreements — New York State Energy Research and Development Authority (NYSERDA) (accessed November 1, 2026)

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