US wind company First Wind makes additions to senior management team

10 July 2009

First Wind, a US-based wind company, has appointed two new members to its senior management team.

These additions, one promoted from within the company, and another strategic new hire, will secure financing for the company’s expanding wind projects in development and optimise the commercial value of the company’s installed operating base.

Steve Schauer, who has served as First Wind’s vice president of finance since joining the company in November 2008, was promoted to senior vice president of finance and treasurer. In this new position, he will be responsible for all project finance, tax equity, corporate debt capital, and treasury operations.

Steven Chwiecko joins the company as senior vice president of commercial asset management. Chwiecko has more than 25 years of experience in the unregulated power generation area focusing on asset management and acquisitions, most recently for Atlantic Power Corporation. In this newly created role at First Wind Chwiecko will oversee the company’s leases, power sales agreements, REC sales contracts, and interconnection agreements for current operating wind projects.

‘I’m pleased to announce these additions to our senior management team, which are critical to ensuring the continued growth and success of First Wind,’ said Paul Gaynor, CEO of First Wind. ‘During his time with First Wind, Steve Schauer has contributed to our success through his leadership on the successful financing for our Milford Wind project. We are looking to Steve to continue to lead these efforts in his new role. Steven Chwiecko joins our team at a critical juncture. As our operational assets continue to grow, so does our need to ensure that we are achieving optimal return for those major investments.’

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Tags: wind

This story was published on Friday, July 10th, 2009 at 3:28 pm and is filed under North America, companies, wind. You can follow any responses to article entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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