“Distributed generation system financier” defined.

NRS 598.98043 “Distributed generation system financier” defined. 1. “Distributed generation system financier” means a person who: (a) Provides a distributed generation system loan to a borrower in this State; (b) Leases a distributed generation system or any part thereof to a lessee in this State; or (c) Enters into a contract for a power purchase agreement with a host customer in this State. 2. The term does not include a third party who is a passive investor or a tax equity partner of a distributed generation system financier that provides money to the distributed generation system financier and who is not directly involved in the sale or lease of or the contracting for a distributed generation system. (Added to NRS by 2025, 1808, 2286)