Europe and Colombia Onshore Renewables Overview slide image

Europe and Colombia Onshore Renewables Overview

Europe Offshore Wind Development Scotland | Scotwind 2.3 GW . Successfully awarded two leases in 2022 Crown Estate Scotland offshore wind process • Lease N4 840 MW fixed bottom foundation • Lease N2 - 1,500 MW floating foundation . Continuation of Northland's offshore strategy of being early mover in key markets. Extends Company's development runway into next decade Example of establishing local partnerships leading to success • Next steps include moving development plans forward and finalizing local content requirements in plan Northland owns 75.5% interest in both projects, in May 2023 Northland sold 24.5% interest to ESB, a leading Irish energy company 0 NORTHLAND POWER 2022 Secured Leases N4 N3 N1 N2 2029/30 Expected Commercial Operations Fixed UK 2030s Expected Commercial Operations Floating
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