First Wind

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.

Marathon's Role

M&A - Sell Side

Client Countries


Counter Party Countries



May 2013