Northland Power Capitalized Growth & Strategic Overview

Spain Onshore Renewables Achieving Success in Onshore M&A Execution on M&A strategy to secure near-term cash flow and establish new market 0 NORTHLAND POWER Acquired a portfolio of 551 MW (net) of onshore renewables with a regulated tariff Delivers near-term cash flow which helps fund the development of Northland's large offshore wind projects • Creation of a European onshore renewables asset management platform . It places Northland immediately as a top 10 operator in the growing Spanish renewables market. Assets are supported with a regulated tariff with more than 13 years remaining of regulatory life Northland Power | 24

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