UPC Wind Announces Name Change to First Wind
Boston, MA—May 1, 2008—UPC Wind, an independent North American wind power company, today announced that it is changing its name to First Wind. The name change will not have any impact on the company’s organizational structure or day-to-day operations. The name change is effective immediately.
“Although our name has changed, our core values remain the same,” said Paul Gaynor, President and CEO of First Wind. “As First Wind, we remain committed to our community partners, to seeking energy independence, and to finding environmentally sensitive solutions to meet the nation’s growing energy needs. We look forward to continuing to bring these values to the development, construction, and operation of our wind power projects under the First Wind brand.”
In addition to growing domestic energy production and increasing energy security, wind power is considered cost competitive with conventional sources of electricity, such as oil or gas, particularly in First Wind’s key market segments. Unlike traditional polluting sources of energy, wind has no fuel cost, therefore serving as a natural hedge against volatile fuel prices, which constitutes a significant portion of monthly electricity bills in most markets in the United States. Wind power also emits no greenhouse gases or other damaging pollutants.