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Wind Royalties and Lease Payments in North Carolina

Quick answer

Buckhead Energy buys wind lease payments and wind royalties. North Carolina has two operating wind projects with 149 turbines and 397 MW of recorded capacity across three counties, according to the U.S. Wind Turbine Database (version 9.1, released September 28, 2026).

Wind projects by county in North Carolina

Chowan County, Perquimans County and Pasquotank County have the most recorded wind capacity in North Carolina, with 189 MW, 108 MW and 100 MW.[1]

Wind projects in North Carolina came online between 2017 and 2024.[1]

CountyProjectsTurbinesCapacity (MW)Online
Chowan County1451892024
Perquimans County1541082017
Pasquotank County1501002017

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 North Carolina?

North Carolina has two operating wind projects with 149 turbines and 397 MW of recorded capacity across three counties, according to the U.S. Wind Turbine Database (version 9.1, released September 28, 2026).[1]

Which North Carolina counties have the most wind capacity?

By recorded capacity, the leading counties are Chowan County (189 MW), Perquimans County (108 MW) and Pasquotank County (100 MW).[1]

Can I sell wind lease payments or royalties in North Carolina?

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 North Carolina's wind projects built?

Of the projects with a recorded year, one came online in the 2010s and one 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

Solar Lease Payments and Royalties in North Carolina

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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