Northland Power Inc. · TSX:NPI

Northland Power — Merger or Acquisition (September 2014)

7 slides from Northland Power's merger presentation, Sep 4, 2014

  1. Slide 1: Northland Power acquires majority equity stake in North Sea offshore wind farms from RWE Innogy

    Intelligent energy for a greener planet Northland Power acquires majority equity stake in North Sea offshore wind farms from RWE Innogy September 4, 2014 BACKGROUNDER AND CONFERENCE CALL DETAILS Date: Thursday, September 4, 2014 0 Start Time: 11:00 a.m. EDT Phone Number: Toll free within North Ameri

  2. Slide 2: Forward-Looking Statements

    Forward‐Looking Forward Looking Statements This release contains certain forward‐looking statements which are provided for the purpose of presenting information about management’s current expectations and plans. Readers are cautioned that such statements may not be appropriate for other purposes. Fo

  3. Slide 3: Northland Power's Offshore Wind Strategy

    Northland Power’s Power s Offshore Wind Strategy • Europe is a key focus for Northland • Objective in Europe is to build a leading offshore wind platform with a full range of operating, development and investment assets • The acquisition of the Nordsee projects contributes to the achievement of this

  4. Slide 4: Nordsee One Project Overview

    Nordsee One Project Overview • Location: 40 km off the coast of the North Sea in German territorial waters (26‐29m water depth) • Capacity: 332MW (282MW net to Northland) • Estimated Project Costs: €1.2 €1 2 billion • Target Financial Close: First half of 2015 • COD: Q4‐2017 • Northland interest: 85

  5. Slide 5: Investment & Financial Highlights

    Investment & Financial Highlights Project Returns • Strong St project j t returns t commensurate t with ith N Northland's thl d' iinvestment t t criteria it i over contracted period • Highly Accretive to Free Cash Flow/Share upon completion in 2017 Northland’s Total Investment • Currently estimated

  6. Slide 6: Project Management and Execution

    Project Management and Execution Project Management & Oversight • Northland N hl d will ill take k a lead l d role l dduring i the h remainder i d off the h ddevelopment l period i d as well as during construction and operations p • Development and construction will be executed byy the p project j c

  7. Slide 7: Contacts

    Contacts Northland Power Inc. Director of Communications Sarah Charuk T: +1 647 288 1105 E: Sarah.Charuk@Northlandpower.ca Sarah Charuk@Northlandpower ca Northland Power Inc. Director of Finance Adam Beaumont T: +1 647 288 1929 E: Adam.Beaumont@Northlandpower.ca 6

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