Northland Power Announces Signing of Credit Agreement for
Project Highlights Hai Long is a 1.0 gigawatt (GW) offshore wind project being developed as a joint venture between Northland (60 per cent) and Mitsui...
Source: globenewswire.com
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Northland Power Announces Signing of Credit Agreement for $5.0 Billion Project Financing at Hai Long Offshore Wind Project
Project Highlights Hai Long is a 1.0 gigawatt (GW) offshore wind project being developed as a joint venture between Northland (60 per cent) and Mitsui & Co. (40 per cent).The project is Northland’s first offshore wind project in Asia and fifth in Northland’s offshore wind portfolio.Hai Long 2A (294 MW) benefits from a 20-year PPA with Taipower, and Hai Long 2B and 3 (728 MW) benefits from a 30-year Corporate Power Purchase Agreement (CPPA) with an investment grade counterparty (S&P: AA-).Upon co
Source: yahoo.com