Northland Power Capitalized Growth & Strategic Overview
European Offshore Wind
Facility Details
Gemini
600 MW
Capacity
Distance to Shore
Wind Turbines
Turbine Foundation
Water Depth
Total Project Costs
Revenue Contract Type
Revenue Contract Term
85km
150 x Siemens 4 MW
Monopile
28m to 36m
€2.8 Billion
Contract for Differences (CFD)
(FIT-Type)
15 years
Nordsee One
332 MW
40km
54 Senvion x 6.15 MW
Monopile
26m to 29m
€1.2 Billion
Feed in tariff
~ 10 years
€194/MWh for 8 years,
€154/MWh for 1.5 years
[No escalation]
Deutsche Bucht
0
NORTHLAND
POWER
252 MW
95km
31 x MHI Vestas 8MW
Monopile
39m to 41m
€1.5 Billion
Feed in tariff
~13 years
€184/MWh for 8 years,
~€169/MWh
Revenue Contract Price
[No escalation]
€149/MWh for 4.7 years
[No escalation]
Grid Connection Responsibility
Gemini responsible for connection to
shore
Tennet responsible for connection to
Tennet responsible for connection to
shore
shore
NPI Ownership
60%
85%
100%
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