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by dmeeker 2635 days ago
That's not surprising -- those companies are all using their attorneys for registered agent services, and the law firm states that they specialize in energy companies -- both transactions and litigation.

It appears that the developers of solar projects follow the same pattern of real-estate developers: each project gets its own LLC, which allows them to contain any potential liability for the project, as well as sell ownership interests in the LLC to raise the funds for the project.

Per your linked article (and easily confirmable through public records), the Jackpot* series are all projects of Robert Paul of Alternative Power Development who has been quoted in the Idaho press about solar for the last decade.

1 comments

> each project gets its own LLC, which allows them to contain any potential liability for the project

Interesting. That's a great idea for any fixed time + capital intensive projects. Keeps the structure, ownership, and responsibilities clean for a small amount of legal/paperwork.

A lot of rental properties do the same. Each property is its' own LLC to minimize potential liability/risk.
>Each property is its' own LLC to minimize potential liability/risk.

The individual SVP structure for rental properties is primarily used to avoid land sale taxes. Sell the shares, not the building/land etc. to benefit from a different tax regime.