Cohocton Wind Watch: First Wind Selling Majority Stake in Two Wind Farms to JPMorgan
Cohocton Wind Watch is a community citizen organization dedicated to preserve the public safety, property values, economic viability, environmental integrity and quality of life in Cohocton, NY and in surrounding townships. Neighbors committed to public service in order to achieve a reasonable vision for a Finger Lakes region worthy of future generations.


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Thursday, December 11, 2014

First Wind Selling Majority Stake in Two Wind Farms to JPMorgan

First Wind Holdings Inc., the renewable-energy developer being acquired by SunEdison Inc. (SUNE), agreed to sell a majority stake in two wind farms to JPMorgan Chase & Co.
JPMorgan Asset Management is buying into the 105-megawatt Palouse wind farm in Washington and the 150-megawatt Route 66 project in Texas, Boston-based First Wind said today in a statement. The size of the stakes and the prices weren’t disclosed.
Construction on Route 66 is expected to be complete next year. Palouse has been producing electricity since 2012, helping power about 30,000 homes in eastern Washington. First Wind will continue to operate both power plants.
The deal “provides First Wind capital to continue our efforts to develop and build new clean energy projects,” the developer’s Chief Executive Officer Paul Gaynor said in the statement.
SunEdison and its power-plant holding company TerraForm Power Inc. announced plans Nov. 17 to pay $2.4 billion for First Wind. The deal is expected to close in the first quarter.

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Click on link to submit your SEC complaint on the
First Wind Holdings Inc. IPO public offering


TEN Reasons
Why the SEC should not allow First Wind to be listed on NASDAQ

First Wind Holdings Inc. 12/22/09 SEC S1/A IPO Filing

First Wind Holdings Inc. 7/31/08 SEC S1 IPO Filing

May 14, 2010 addition to the First Wind Holdings Inc. SEC S1A IPO Filing

August 18, 2010 amendment 7 to the First Wind Holdings Inc. SEC S1A IPO Filing

October 13, 2010 Filing update to the First Wind Holdings Inc. SEC S1A IPO Filing

New October 25, 2010 Filing update to the First Wind Holdings Inc. SEC S1A IPO Filing


FIRST WIND Lays an Egg WITHDRAWS IPO
after Wall Street no confidence in company




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