First Wind’s unique business model is founded on the “develop-to-own” concept. Because we develop, own and operate our own wind farms, we bring a depth and breadth of experience in all phases of the life of a project. Our expertise in these areas includes:

Development

Our development philosophy includes three major tenets:

• Best practices from day one to ensure that all projects are developed efficiently and successfully
• Long-term commitment through the building and maintaining of strong relationships
• Community involvement to support a fair and effective public process 

Finance

The principals of First Wind have raised in excess of $230.0 million in limited recourse project financing and tax equity for 72 MW of wind projects in the United States. Of which $70.0 million was raised for the 30 MW Kaheawa wind project in Hawaii, and the balance has been raised in support of the Mars Hill project in Maine.

Construction Management 

First Wind draws on the experience of our team to insure on-time and on-budget projects. This experience is particularly helpful during the development process, site selection, and contract negotiations.

Operation & Maintenance Philosophy 

First Wind places a high value on hands-on operational control, helping assure that our wind farms are well-run and safe, consistent with utility operating practices, providing excellent clean energy availability for our customers.

Currently, First Wind assigns a full-time Operations Manager for each project supported by an additional individual dedicated to site management. Working together, First Wind’s on-site staff manages all third party contracted turbine operations and maintenance services, oversees local community involvement activities, and ensures permit compliance.

Contract compliance, project reporting and procurement functions for all operating projects is supported by a team of operating and finance managers.

In addition, First Wind has developed an exclusive meteorological asset management team in order to control the escalating cost of subcontracted work, reduce installation delays and errors, improve installation documentation and maintain tower availability.