USA & Canada
A Clean Energy Group with a Global Track Record
UPC initially established a presence in the North American market in 2002 with the formation of UPC Wind, LLC. In the following 4 years, UPC developed, financed, and constructed approximately 60 MW of wind projects.
In 2006, UPC sold a majority stake in UPC Wind to Madison Dearborn and DE Shaw. An aggregate 1,500 MW of additional wind and solar projects were developed up to 2014.
In 2007, UPC Solar, LLC was established to enter into the North American solar market. UPC developed 20 utility scale projects with over 165MW of generating capacity in Ontario, Canada along with several smaller projects in the US. The projects were developed in partnership with Recurrent Energy (subsidiary of Canadian Solar).
In 2014, UPC Wind was renamed to FirstWind, LLC, and was sold to Sun Edison for over $2.4 billion.