Midwest Wind Finance arranges financing for community-scale wind projects throughout North America, including permanent financing, construction loans, turbine down payments, and development capital. Developing community wind projects requires obtaining permits, interconnection approval, financing, and turbines in parallel rather than linear tracks. The document provides tips for navigating the development process such as doing early feasibility assessments, obtaining used turbines, and lining up financing early.

1. Winning with Community Wind
Jeff Wright, Vice President
Midwest Wind Finance

2. Midwest Wind Finance
We arrange financing for community-scale wind projects
throughout North America
> Permanent financing
> Construction loans
> Turbine down payments
> Development capital
We champion return of ownership to the people who start the
projects

3. Developing Community Wind Projects
is NOT for the Faint of Heart

4. The Wind Developer’s Handbook

5. Our Due Diligence Checklist has
Eight Pages and 171 Steps

6. Think Parallel Tracks, not Linear
NO
Permits Interconnect Money Turbines
YES
Permits
Interconnect
Money
Turbines

7. Smart Money after Small Money
> Do quick feasibility assessment, $20,000 to $50,000
> Get to a NO or STRONG MAYBE

8. You’ll be Faced with Many
“Chicken and Egg” Situations

9. Chicken and Egg Frustrations
Need Turbines to Get Interconnect – Need Interconnect
to Get Turbines
Need Money to Get Turbines – Need Turbines to Get Money
TURBINES IC TURBINES $

10. Get Used to Backtracking

11. Power Purchase Agreement
> Can wait until near the end
> Rates generally going up
> Brokers can be helpful
> Merchant might be an option

12. Met Towers
Get up right away

13. Interconnect
> The KEY development step
> Project becomes legitimate at this point

14. Development Capital
> Have this lined up
> Easily $200,000 to $300,000 or more

15. Turbines
> Still very short supply
> Find a partner
> Available?
> Financeable?
> Fit wind regime?
> Fit land?

16. Facilitate Coordination Between all Players

17. “Never, never, never give up” – Winston Churchill
…Well, maybe sometimes

18. When to Sell Out
Wind assessment
and some Interconnection Construction
Lease only permits approval ready
$ $$ $$$ $$$$

19. Project Finance
> Flip Structures
> Revenue Participation Models
Revenue Revenue
0 yrs 10 yrs 20 yrs

20. Some Benefit to Lining up Financing
Early in the Process
> USDA grant/loan application
> Interconnect and PPA negotiation
> Development help
> Peace of mind

21. For Beginners – This Will Take
WAY Longer Than You Think

22. Benefits of Small
> Community support
> Simpler permitting
> Easier interconnect
> Turbine drop out orders

23. Spinning!

24. Thank You
Jeff Wright-Vice President
Midwest Wind Finance
12 South Sixth Street, Ste 211
Minneapolis, MN 55402
Phone: 612-332-0607
Email: jeff@mwwind.com