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The Impact of the Production Tax Credit on Wind Farm Revenue
In the US, wind farms are underwriting against revenue that they expect to get by selling power. This has led them to building these wind farms in places where it is most consistently windy. There's just not very much in West Texas. To Crusoe, that's a big opportunity. We bring demand in the form of computing and data center infrastructure directly to the sites of stranded heavily curtailed or negatively priced power. And we deliver to them a price floor so that they're sort of eliminates their negative pricing risk.