TSX: NPI.CA

Nordsee One (Offshore wind)

Location: North Sea, Germany Energy source & type: Wind - Offshore Wind Farm Opened: 2017
Capacity: 332 MW%Owned/Operated: 85%/100%

Overview

Located 40 km off the coast of Germany, Northland is 85% owner of the €1.2 billion Nordsee One offshore wind farm. Northland's project team reached financial close for Nordsee One in March 2015 and the project was completed in December 2017, ahead of schedule and under budget.

Features

  • Strong winds and 26-29m water depth provide ideal conditions
  • Located 77 km from Northland’s other German offshore wind project, Deutsche Bucht
  • Power contract with feed-in-tariff subsidy for approximately ten years under the German Renewable Energy Act
  • Tennet responsible for grid connection to shore
  • Robust project returns meet Northland's investment criteria
  • Active ongoing oversight of the project company provided by RWE (15% partner), a global leader in renewable energy
  • 54x Senvion 6.15 MW turbines
Wind
  • 2019 Annual Report

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  • 2020 Investor Presentation

    Continuing our goal to be a leader in the development and operation of sustainable energy assets in Canada and worldwide

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  • 2019 Sustainability Report

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