Morgan Stanley and Santander acted asjoint lead arrangers, with Morgan Stanley serving as the administrative agent.The two banks also committed tax equity into the deal.

Morgan Stanley Commodities isproviding a long-term Electric Reliability Council of Texas (ERCOT) power hedgeand BayernLB bank is providing term debt financing for the project.

The project has qualified for thefederal production tax credit (PTC), according to First Wind, based in Boston.