Northland in Spain
559 MW Operating Wind and Solar Portfolio
33 operating assets throughout Spain:
- Onshore wind: 435 MW
- Photovoltaic solar: 66 MW
- Concentrated solar: 50 MW
On August 11, 2021, Northland completed the acquisition of a Spanish operating portfolio of onshore renewable projects, establishing us as a Top 10 operator in Spain.
Assets
Overview
| Onshore Wind | Solar PV | Concentrated Solar Power | |
|---|---|---|---|
| Net Capacity | 435 MW | 66 MW | 50 MW |
| Project(s) | 14 | 18 | 1 |
| Average Asset Age | 11 Years | 10 Years | 10 Years |
| Fully Regulated | Yes | Yes | Yes |
- Portfolio is 551 MW (net) comprised of onshore renewables with a regulated tariff
- Portfolio benefits from a diversified mix of equipment suppliers and OEM providers, mitigating exposure to any single manufacturer or service provider
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Operations and Maintenance services are provided by a combination of Plenium (solar PV) and OEMs (onshore wind and CSP) under medium to long-term agreements
Operating portfolio supplies over 270,000 households with energy.
Spain
Asset types:
Wind
Solar PV
Concentrated Solar Power
Spanish Onshore Renewable Portfolio Acquisition
Strategic investment establishes Northland as a leading operator in a high-growth renewables market
2022 Annual Report
Read our 2022 Annual Report
2023 Investor Day Presentation
Continuing our goal to be a leader in the development and operation of sustainable energy assets in Canada and worldwide
2022 Sustainability Report
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Investor Presentation
Investor Presentation August 2023