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Wind Royalties and Lease Payments in Natrona County, Wyoming

Quick answer

Buckhead Energy buys wind lease payments and wind royalties. Natrona County, Wyoming has two operating wind projects with 49 turbines and 140.8 MW of recorded capacity in the county, according to the U.S. Wind Turbine Database (version 9.1, released September 28, 2026).

Wind projects in Natrona County

The projects came online between 2009 and 2024.[1] Turbine makers represented in the county: GE Wind (49 turbines).[1]

ProjectOnlineTurbines in the countyCapacity in the county (MW)
Anticline Wind202438124.3
Casper Wind Farm20091116.5

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

What the data means for wind lease owners in Natrona County

Turbines at the oldest project in the county have been in place since 2009.[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] The newest project here came online in 2024.[1] In royalty arrangements, the developer pays the landowner a percentage of the revenue received from the electricity produced by the turbines.[2] Minimum payments serve as a floor so landowners receive some revenue even when maintenance outages or lower winds cut production in a given year.[2]

Wind leases in Wyoming

Wyoming treats wind energy rights as an interest in real property that belongs with the surface estate and may not be severed from it, except that wind energy may be developed under a wind energy agreement.[3]

Wyoming law states that nothing in its Wind Energy Rights Act restricts transferring the surface owner's right to receive payments under a wind energy agreement.[3]

In Wyoming, a wind energy agreement or a memorandum of it must be recorded with the county clerk.[3]

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 Natrona County, Wyoming?

Natrona County, Wyoming has two operating wind projects with 49 turbines and 140.8 MW of recorded capacity in the county, according to the U.S. Wind Turbine Database (version 9.1, released September 28, 2026).[1]

Which wind projects operate in Natrona County?

The projects are Anticline Wind (2024, 124.3 MW) and Casper Wind Farm (2009, 16.5 MW).[1]

Can I sell wind lease payments or royalties in Natrona County?

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 did wind projects in Natrona County come online?

Of the projects with a recorded year, one came online in the 2000s 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]

Which nearby Wyoming counties also have wind projects?

Nearby Wyoming counties with wind projects include Converse County (1,585.4 MW), Carbon County (1,133.3 MW), Albany County (1,042.2 MW), Laramie County (447.9 MW) and Uinta County (281.1 MW).[1]

What does Wyoming law say about wind leases?

Wyoming treats wind energy rights as an interest in real property that belongs with the surface estate and may not be severed from it, except that wind energy may be developed under a wind energy agreement.[3] Wyoming law states that nothing in its Wind Energy Rights Act restricts transferring the surface owner's right to receive payments under a wind energy agreement.[3]

Related pages

Wind Royalties and Lease Payments in Wyoming

Selling Wind Royalties and Wind Lease Payments

Oil and gas mineral rights in Natrona County, Wyoming

Mineral rights in Wyoming

Wind Royalties and Lease Payments in Converse County

Wind Royalties and Lease Payments in Carbon County

Wind Royalties and Lease Payments in Albany County

Wind Royalties and Lease Payments in Laramie County

Wind Royalties and Lease Payments in Uinta County

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)

[3] Wyoming Statutes, Title 34, Chapter 27: Wind Energy Rights Act — Wyoming Legislature (accessed November 1, 2026)

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