First Wind Raises $210 Million for Wind Project in Washington State

Boston – First Wind, a Boston-based wind energy company, announced on Monday it has raised $210 million in financing for its wind project located in northern Whitman County, Wash.

As a result, First Wind said it will continue on schedule with construction of the project, which will be largest renewable energy facility in the county with the capacity to generate enough energy to power about 30,000 homes, equal to the total energy load of all of Whitman County, according to First Wind.

The project will feature 58 Vestas 1.8 MW wind turbines with a generating capacity of about 105 MW of electricity. Construction on the wind farm began in October.

KeyBank National Association served as the joint lead arranger and administrative agent, and Nordduetsche Landesbank Girozentrale, CoBank ACB, and Banco Santander served as joint lead arrangers.

First Wind has developed and operates 735 megawatts of generating capacity at 11 wind energy projects so far in New York, New England, Utah, Vermont and Hawaii.