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 FloatingView entire presentation