October 02, 2014 12:39 PM ET

Independent Power and Renewable Electricity Producers

Company Overview of First Wind Holdings, Inc.

Company Overview

First Wind Holdings, Inc., a renewable energy company, focuses on the development, financing, construction, ownership, and operation of utility-scale power projects in the United States. It holds wind energy projects in Maine, New York, Vermont, Utah, Washington, and Hawaii; an AC solar project in Warren, Massachusetts. First Wind Holdings, Inc. was formerly known as UPC Wind Partners, LLC. The company was incorporated in 2002 and is based in Boston, Massachusetts.

179 Lincoln Street

Suite 500

Boston, MA 02111

United States

Founded in 2002





Key Executives for First Wind Holdings, Inc.

Chief Executive Officer and Director
Age: 49
President and Chief Financial Officer
Age: 58
Senior Vice President of Operations
Chief Development Officer and Executive Vice President
Age: 48
Senior Vice President of External Affairs
Age: 61
Compensation as of Fiscal Year 2014.

First Wind Holdings, Inc. Key Developments

First Wind Holdings, Inc. Completes 14MW AC Solar Project in Warren, Massachusetts

First Wind Holdings, Inc. has announced the completion of construction and the start of commercial operations of its 14 megawatt, AC solar project in Warren, Massachusetts.

First Wind to Sell Power from Utah-Based Solar Projects to Rocky Mountain Power

First Wind announced that it has finalized seven 20-year power purchase agreements with Rocky Mountain Power, a division of PacifiCorp. As part of the purchase agreements, Rocky Mountain Power will buy the output of the planned 20-megawatt (MW) 'Seven Sisters' projects under its obligation from the federal Public Utility Regulatory Policies Act, or (PURPA). The Seven Sisters portfolio includes seven separate solar photovoltaic projects, four of which are to be sited in Beaver County and three to be located in Iron County, Utah. With the start of major construction slated to begin in late 2014 and a target completion date of July 2015, the projects will use more than 73,000, 300-watt solar panels. Six of the seven projects will be 3 MW (AC), and the seventh will be 2 MW (AC). Once complete, the combined generating capacity of all seven projects will be 40,000 megawatt-hours per year, or equivalent to the electricity use of more than 4,000 Utah homes per year. The projects are the first in Utah to be developed by First Wind's new solar division, First Wind Solar Group, which was established to explore solar energy opportunities near the company's wind projects in the West, Hawaii and the Northeast. First Wind Solar Group recently completed construction on its Massachusetts-based 3 MW (AC) Millbury Solar project. In addition, First Wind Solar Group will celebrate the completion of a combined 14 MW (AC) solar project in Warren, Mass. later this month and is developing a 20 MW (AC) solar project in Mililani, Hawaii.

First Wind Announces Start of Commercial Operations for Millbury Solar Project

First Wind announced the end of construction of the Millbury Solar project and announced that commercial operations have begun. Located in Worcester County, Massachusetts, the 3 megawatt (MW) (AC) project is part of First Wind's first solar development and first renewable energy project in its home state of Massachusetts. First Wind is also currently completing a 14 MW (AC) solar project in nearby Warren, Massachusetts, which is projected to begin operations next month.

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