TSX: NPI.CA

Gemini (Offshore wind)


Location: North Sea, Netherlands Energy source & type: Wind – Offshore Wind Farm Opened: 2017
Capacity: 600 MW %Owned/Operated: 60% / N/A

Overview

Located 85 km off the Netherlands coast, Northland is 60% owner of the €2.8 billion Gemini offshore wind farm. Gemini generates 600 MW, meeting the annual energy needs of one and a half million people and reducing the annual CO2 emissions of the Netherlands by 1.25 million tons. Gemini is one of the largest offshore wind farms in the North Sea, and one of the largest in the world. Northland's project team reached financial close for Gemini in May 2014 and the project was completed in April 2017, ahead of schedule and under budget.

Features

  • Strong winds and 28-36m water depth provide ideal conditions
  • 15-year power purchase Contract for Differences agreement with Netherlands government
  • Supports Netherlands EU mandate for renewable energy (20% by 2020)
  • Gemini responsible for grid connection to shore
  • Three companies share the remaining 40% of Gemini: Siemens (20%), Van Oord (10%), HVC (10%)
  • 150x Siemens 4 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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