Northland Power Capitalized Growth & Strategic Overview slide image

Northland Power Capitalized Growth & Strategic Overview

Nordsee Cluster Offshore Wind Building Scale and Size in German Offshore Wind Nordsee Delta 480 MW Nordsee Two 433 MW 0 NORTHLAND POWER 1.3 GW Partnership provides scale resulting in enhanced returns due to synergies in development, construction and operation of the cluster projects Secured Nordsee Two site through exercise of step-in rights Auction for Nordsee Three and Nordsee Delta with a total capacity of 900 MW will be in 2023. Partnership holds step-in rights for both sites Enhanced offtake capabilities through formation of cluster N Nordsee One Nordsee Three 420 MW 2021 Exercised Step-in for Nordsee Two Timeline For Nordsee Cluster Development 2023 2024 2026 2026/28 Expected Step-in for Expected Financial Nordsee Three/Delta Close Nordsee Two Expected Financial Close Nordsee Three/Delta Expected Commercial Operations Germany Northland Power | 16
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