Transactions

First Wind

Kawailoa Wind Project

Sale of 69 MW Kawailoa Wind Project to:

D.E. Shaw & Co

D.E. Shaw & Co. acquired the Kawailoa Wind Project, a fully-contracted, 69 MW utility-scale, operating wind project in O’ahu, Hawaii, from First Wind Holdings, LLC (“First Wind”). The project was 100% owned by First Wind, a leading wind energy development company. The project includes a 20-year PPA with Hawaiian Electric Company (“HECO”) (S&P: BBB-) for all of the project’s output utilizing Commercially Proven Turbine Technology – 30 Siemens 2.3MW, 101 meter rotor wind turbines. The Kawailoa Wind Project reached commercial operation in November 2012.

Marathon Capital acted as the exclusive Financial Advisor to First Wind.

Segments
Marathon's Role

M&A - Sell Side

Client Countries

USA

Counter Party Countries

USA

When

May 2013