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Investor Presentaiton

15 Project Northland Operating Assets Technology Location Gross Capacity Ownership Expiry PPA Term Construction (On-time/on-budget) Gemini Offshore Wind Netherlands 600 MW 60% 2032 Nordsee One Offshore Wind Deutsche Bucht Offshore Wind Germany Netherlands 332 MW 85% 2027 252 MW 100% 2031 ✓ (Base Plant) Mont Louis Onshore Wind QC, CA 100 MW 100% 2031 Jardin d'Éole Onshore Wind QC, CA 134 MW 100% 2029 McLean's Mountain Onshore Wind ON, CA 60 MW 50% 2034 Grand Bend Onshore Wind ON, CA 100 MW 50% 2036 Ground-Mount Solar Solar ON, CA 100% (90 MW) 130 MW 2033-2035 63% (40 MW) Thorold Efficient Natural Gas ON, CA 265 MW 100% 2030 Iroquois Falls Efficient Natural Gas ON, CA 120 MW 100% 2021 Spy Hill Efficient Natural Gas SK, CA 86 MW 100% 2036 North Battleford Efficient Natural Gas SK, CA 260 MW 100% 2033 Kirkland Lake EBSA Efficient Natural Gas ON, CA 132 MW 68%¹ 2030 Regulated Distribution Utility Colombia n/a 99% Perpetual n/a Spain Portfolio² Onshore Wind/Solar/Concentrated Solar Spain 560 MW 99% 2031 n/a Power 1. Northland has an effective 77% residual economic interest 2. Closed August 11, 2021 NORTHLAND POWER
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