Nordsee One Offshore Wind Farm Signs A 5-Year PPA With Shell

Core Viewpoint - Northland Power Inc. has signed a five-year Power Purchase Agreement with Shell Energy Europe Ltd for approximately one-third of the production from its 332 megawatt Nordsee One offshore wind farm, starting in June 2027 [1][2]. Company Overview - Northland Power is a Canadian-owned global power producer focused on accelerating the global energy transition, with a history of nearly four decades in developing and operating diverse energy infrastructure assets, including offshore and onshore wind, solar, battery energy storage, and natural gas [3]. - The company has an 85% ownership interest in the Nordsee One offshore wind farm, with the remaining 15% held by RWE Offshore Wind GmbH [2]. - Northland Power has a total gross operating generating capacity of 3.5 GW, with 2.2 GW under construction and approximately 9 GW of potential capacity in early to mid-stage development [3]. Project Details - The Nordsee One offshore wind farm is located in the North Sea within the German Exclusive Economic Zone and was commissioned in December 2017 [2]. - The facility currently operates under the German Renewable Energy Sources Act regime, which is set to step down in 2027 [2]. - The Power Purchase Agreement was secured through a structured tendering process and will supply electricity to Shell for a five-year term [2].