Europe and Colombia Onshore Renewables Overview slide image

Europe and Colombia Onshore Renewables Overview

Development Asset Partial Sell-downs Enhances Funding Flexibility, Diversification and Project Returns Our partnering strategy Align low cost of capital with high quality long-term contracted cash flows Allows partners to meet ESG/renewable investment targets Attract high credit-worthy players comfortable with investing at financial close/at time of construction Enhance local stakeholder relationships Targeting sell down of between 25-49% of development projects Northland is targeting to generate incremental 200 to 400 bps on average of value from later stage sell-downs of development projects Focus by region & technology 0 NORTHLAND POWER 2022-23 Successes - Signed strategic partnership for Hai Long - Closed Scotwind Partnership 2023 Focus Evaluate and potentially execute additional partner(s) for Asian, European, Canadian projects and potentially others
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