With the closing of Molokai Ranch, First Wind has recently held community meetings around Molokai to present its proposal for a wind farm. The $50 million was committed to the Molokai Community Service Center's "Buy the Ranch" campaign, which has set a goal of raising $200 million to purchase all Molokai Ranch properties.

"Although our name has changed, our core values remain the same," said Paul Gaynor, president and CEO of First Wind based in Newton, Mass. "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."

Since its founding in the United States in 2002, the company has remained focused on wind farm development, ownership, and operation with projects primarily in the Northeast, the West Coast and Hawaii. The company's ownership is also not affected by the name change. 

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.