NewEnergyNews More: MASS. CO GETS SCOT & L.A. $$$ FOR UTAH WIND

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    • Tuesday, April 28, 2009

    MASS. CO GETS SCOT & L.A. $$$ FOR UTAH WIND

    Newton wind-energy firm raises $376m
    Chris Reidy, April 23, 2009 (Boston Globe)

    "First Wind, a Newton [Mass.] wind-energy company, has obtained $376 million in financing for a project in Milford, Utah.

    "Royal Bank of Scotland PLC, the parent company of Citizens Bank, was lead arranger for the loan…"

    click to enlarge

    "With 97 wind turbines, the Milford Wind Project will generate up to 203.5 megawatts of clean energy and will be one of the largest renewable energy facilities in Utah and the largest wind-energy project in the state…

    "Its chief executive, Paul Gaynor, said…[the financing is a testament to stakeholders such as] the Southern California Public Power Authority."

    posted by Herman K. Trabish @ 4:31 PM

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