Presenting Northwind

Frank Coenen For InControl SA

CEO Northwind NV

Northwind project

• Concession granted: 15 May 2006

• Fully permitted – Permit for construction and exploitation

– Export Cable Permit

– Land cable • Declaration of public use

• Flemish road permit

• Federal road permit

• Building permit

• Area: 14,5 km²

• Water depth: 16 to 29 m

• Distance from shore: 37 km

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216 MW

• 72 Vestas turbines V112 3 MW

• Yearly production estimated:

0,875 Terrawatthours

= 875 million kilowatthours

Meaning:

• 1% of the yearly electricity consumption in Belgium in 2011.

• Green energy for 230.000 households each year.*

• Reduce CO2 emission by 245.000 tons each year.**

* cfr VREG

** cfr Eurostat

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Northwind project

General information

• Turbine model: Vestas V112 – 3.0 MW

• Rotor diameter: 112 m

• Foundation type: Monopiles

• Export cable: 220 kV

• Length export cable: 43 km

• Construction will start: spring 2013

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Shareholders

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1. Monopile

2. Transition piece

3. Windturbine

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4. Inter array cables

5. OHVS (transformation station)

6. Export cable

Connection to

transmission grid

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Offshore windfarm

Project management

EPCI - Engineering Procurement Construction Installatie

Supply monopiles

Supply Transition pieces

Supply & termination inter-array cables

Installation hammer

Detailed design

Supply foundation installation vessel

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Contractors

Installation export cable & dredging:

Supply and termination land cable:

WTG installation vessel:

Supply and termination export cable:

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Contractors

WTG:

Supply & installation Offshore High Voltage Station:

HV equipment: CG Power systems

Foundation design certification:

Power purchase agreement:

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Contractors

Financial & legal

• BnP Parisbas Fortis

• Mott Macdonald

• Green giraffe

• Loyens & Loeff

• White & Case

• Contrast

• JLT

• Freshfields

• KPMG

Insurance

• Profin

• Marsh Belgium

• Codan Forsikring A/S

• AXA Versicherung AG

• AXIS Specialty Europe Ltd.

• HDI-Gerling Verzekeringen N.V

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Partners

Belgian content: 50%

•Deme-GeoSea

• Jan De Nul

• CG Power systems Belgium

• GI Windforce

•Vanden Bergh/Heijmans

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Belgian content

Other than procurement • WE-Power • Aspiravi Offshore • Electrabel • Loyens Loeff Lawyers • White & Case Lawyers Brussels & London • Contrast Lawyers • Marsh Belgium • KPMG Tax advice

•Freshfields Lawyers Brussels • BNPParibasFortis • Belfius Bank • ING Bank • IMDC • Tractebel-Technum • ONDD-Delcredere.

TeamPartners

• InControl SA • WE Power • ABS • Aspiravi offshore • Chevalyse • Ensol • EPCM • IMDC • Noren quality consulting • Offshore wind power consulting • Polymira • Qualsurv • SGS • Technum Tractebel • Verenigde fiducaires • Wind Support Limited

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Belgian support

• FOD economy

• Federal authorities

• MUMM

• Flemish authorities

• Elia

• CREG

• DG Leefmilieu

& Northwind team

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