$40.4M Blows In For First Wind

9/3/09

First Wind, the Newton, MA-based developer and operator of wind farms, nabbed $40.4 million in federal financing for a planned installation at Stetson Ridge in Maine, Mass High Tech reports. The project is one of 12 to receive a combined $500 million under the American Recovery and Reinvestment Act. Wade wrote about the challenges First Wind and other cleantech developers face last year, when the company was known as UPC Wind.

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