CHAPTER 12-B. RENEWABLE ENERGY LEASES
PART I. THE LESSEE
§1161. Renewable energy lease
A "renewable energy lease" is a lease of immovable property that is entered for the
primary purpose of the lessee's engaging in the production of wind, solar, or hydroelectric
energy using the leased immovable and any other lease pursuant to which the lessee's primary
activity on the leased immovable is the production of wind, solar, or hydroelectric energy.
A renewable energy lease is not a mineral lease. The lessee's rights in a renewable energy
lease and his rights in the buildings, improvements, and other constructions on the leased
immovable are susceptible of mortgage.
Acts 2023, No. 455, §1, eff. June 28, 2023.