Gemini

a picture of Electrical transmission towers

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 was one of the largest in the world when the first turbine was connected to the grid in February 2016. 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%), Alte Leipziger/Hallesche (10%), HVC (10%)
150x Siemens 4 MW turbines

Documents & Links

2021 Spain Acquisition Investor Deck

Strategic investment establishes Northland as a leading operator in a high-growth renewables market and delivers near-term cash flow which complements offshore wind growth strategy

Learn More