About First Wind
First Wind is a company based in Boston (United States) founded in 2002 was acquired by SunEdison in November 2014.. First Wind has raised $17.4 million across 5 funding rounds from investors including KeyBank, TerraForm Power and Madison Dearborn Partners. First Wind operates in a competitive market with competitors including Octopus Energy, NextEra Energy, Duke Energy, ScottishPower and EDP Renewables, among others.
- Headquarter Boston, United States
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Sectors
Energy & Utilities
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Phone
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Website
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Social
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Funding Insights of First Wind
First Wind has successfully raised a total of $17.4M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $236 million completed in March 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Debt – Conventional — $236.0M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2012 | Amount | Debt – Conventional - First Wind | Valuation |
investors |
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| Dec, 2011 | Amount | Debt – Conventional - First Wind | Valuation |
investors |
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| Dec, 2010 | Amount | Debt – Conventional - First Wind | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in First Wind
First Wind has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include KeyBank, TerraForm Power and Madison Dearborn Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are directed toward key sectors by MDP.
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Regional bank
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Founded Year | Domain | Location | |
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Independent power producers and investors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by First Wind
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - First Wind
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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First Wind Comparisons
Competitors of First Wind
First Wind operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Octopus Energy, NextEra Energy, Duke Energy, ScottishPower and EDP Renewables, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Utility bill management platform is provided for tracking and billing.
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Developer of energy solutions
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| domain | founded_year | HQ Location |
Renewable electricity is produced and distributed across multiple states.
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Wind energy is generated, transmitted, and distributed by ScottishPower.
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Generation of wind power
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| domain | founded_year | HQ Location |
Energy company
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on First Wind
Frequently Asked Questions about First Wind
When was First Wind founded?
First Wind was founded in 2002 and raised its 1st funding round 4 years after it was founded.
Where is First Wind located?
First Wind is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is First Wind a funded company?
First Wind is a funded company, having raised a total of $17.4M across 5 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $76M, raised on Apr 01, 2006.
What does First Wind do?
First Wind was established in 2002 as an independent wind energy firm in Boston, United States. Operations center on the development, ownership, and management of wind farms, with projects concentrated in the northeastern and western U.S. regions as well as Hawaii. The company was acquired in November 2014 by SunEdison and TerraForm Power for 2.4 billion, marking a significant consolidation in the renewable energy sector.
Who are the top competitors of First Wind?
First Wind's top competitors include Octopus Energy, NextEra Energy and Neoen.
Who are First Wind's investors?
First Wind has 4 investors. Key investors include KeyBank, TerraForm Power, Madison Dearborn Partners, and SunEdison.
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