Northland Power Corporate Presentation slide image

Northland Power Corporate Presentation

Asia Offshore Wind Development Taiwan | Hai Long 1.0 GW • • • . Executed majority of the key contracts for the project Signed 15-year Turbine O&M with OEM (Siemens Gamesa) Will deploy Siemens 14 MW Turbine (recently certified) Major construction programs running as planned • • Commenced early construction work/fabrication of key components Kicked off in-water construction and made substantial progress on fabrication of materials and advancing on lead order items (offshore & onshore substations and jackets). Signed strategic sell-down partnership with Gentari for 49% interest of Northland's 60% interest in the project HL3 HL2 Taiwan Taipei City Project Name Capacity PPA¹ Rate (NTD1/kWh) Yrs 1-10: 6.2795 Hai Long 2A 294MW Yrs 11-20: 4.1422 Hai Long 2B 224MW 30-year Corporate PPA Hai Long 3 504MW Hai Long timeline 1. NTD represents New Taiwan Dollar. 2021 2023 2023 2026/2027 0 NORTHLAND POWER Project design and optimization Achieve Financial Close Expect to start Construction Expected Commercial Operations
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