The Portfolio includes 33 operating assets comprised of onshore wind (424 MW), solar PV (66 MW), and concentrated solar (50 MW) located throughout Spain. Total cash consideration to be paid for the Portfolio upon closing will be €345 million (Cdn. $520 million) together with the assumption of debt in the amount of €716 million (Cdn.$1,075 million). The acquisition is expected to close in Q3, 2021, subject to regulatory approvals and customary closing conditions. (Source: Northland Power, Website PR, 14 Apr., 2021)Contact: Northland Power, Mike Crawley, CEO, Inc., David Povall, Exec. VP, (416) 962-6262, www.northlandpower.com; Helia Renovables, www.dnb.com/business-directory/companyprofiles.helia_renovables_fcr.17923b9d5b34a27511c140416afe2293.html
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PKN ORLEN is the largest company in Central and Eastern Europe and is publicly listed on the Warsaw Stock Exchange. The Company is part of the ORLEN Group, which has operations in Poland, the Czech Republic, Germany, Lithuania, Slovakia, and Canada. PKN ORLEN is a major player on the Polish energy market, with generation capacity of 3.2 GWe.
The Northland -- PKN ORLEN partnership will co-develop the Baltic Power opportunity that is expected to secure a 25-year Contract for Difference (CfD) offtake agreement. Construction is slated to start in 2023 with commercial operations expected in 2026.
(Source: Northland Power, PR, 29 Jan., 2021) Contact: Northland Power, Mike Crawley, CEO, Inc., David Povall, Exec. VP, (416) 962-6262, www.northlandpower.com;
PKN ORLEN, www.orlen.pl
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Offshore Wind California members include Aker Solutions, Avangrid Renewables, Equinor, Magellan Wind (which has a Joint Development Agreement with Copenhagen Infrastructure Partners), Mainstream Renewable Power, Northland Power, Orsted, Principle Power, Pacific Ocean Energy Trust, and Smultea Sciences.
(Source: Naval Energies, PR, 4C Offshore, 8 June, 2020) Contact: Naval Energies, +33 2 40 84 85 00, Laurent Schneider-Maunoury, Pres., www.naval-energies.com; Offshore Wind California, Adam Stern, Exec. Dir., (510) 681-4483, adam.stern@offshorewindCA.org, www.offshorewindca.org
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The Hai Long offshore wind farm project is being developed by Toronto-based Northland Power Inc and Singapore's Yushan Energy Pte . SGRE is to supply wind turbines for the latter's 300 MW wind farm off the coast of Changhua County.
(Source: Siemens Gamesa, Taipei Times, 16 May, 2020)
Contact: Seimens Gamesa, Morten Pilgaard Rasmussen, www.siemensgamesa.com;
Northland Power Inc., (416) 962-6262, www.northlandpower.com; Yushan Energy, www.yushanenergy.com
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The transaction, which is subject to regulatory and other approvals, is expected to close in mid-2020.
(Source: NaiKun Wind Energy Group, Website, 30 Mar.,2020)
Contact: NaiKun Wind Energy Group, 604 639-846, www.naikun.ca; Northland Power Inc., David Povall, Exec. VP, (416) 962-6262, www.northlandpower.com
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Shizen has contributed to the development of about 1GW of renewable energy projects in Japan as well as solar PV projects in Brazil, Vietnam and Thailand.
Northland has a net interest in more than 2GW of operational clean energy projects worldwide, including
a 60 stake in the 1,044MW Hai Long offshore wind cluster under development in Taiwan.
(Source: Japanese Wind Power Association, Northland Power, Wind Power Monthly, 18 Nov., 2019)
Contact: Northland Power Inc., David Povall, Exec. VP, (416) 962-6262, www.northlandpower.com;Shizen Energy, +81 3-3868-0344, www.shizenenergy.net; Japanese Wind Power Association, www.jwpa.jp
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Under the PPA, Northland and its Singapore-based project partner Yushan Energy Co Ltd will sell the wind farm's output at a tariff of TWD 6.2795 ( $0.204) per kWh in the first 10 years and slightly less for the remaining period.
The Hai Long 2A scheme is the first of the three Hai Long projects securing a PPA. Contracts with Taipower for the Hai Long 2B and Hai Long 3, are slated for finalization later this year. (Source: Northland Power, Renewables, 28 Feb., 2019) Contact: Northland Power Inc., (416) 962-6262, www.northlandpower.com; Taiwan Power, www.taipower.com.tw/en; Yushan Energy, www.yushanenergy.com
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