News

Execution on Growth Strategy through the Acquisition of 540 MW Onshore Renewables Portfolio in Spain, Positioning Northland as a Top Ten Operator in a High Growth Market

TORONTO, May 12, 2021 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today reported financial results for three months ended March 31, 2021. All dollar amounts set out herein are in thousands of Canadian dollars, unless otherwise stated.

“We are off to a good start in 2021 with healthy first...

TORONTO, April 21, 2021 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland”) (TSX: NPI) is pleased to report the closing of its previously announced bought deal equity offering (the "Offering") of common shares (“Shares”). A total of 22,500,500 Shares, including 2,045,500 Shares issued pursuant to the exercise in full by the underwriters of their over-allotment, were issued at an offering price of $44.00 per Share for aggregate gross proceeds $990,022,000.

The net proceeds of the Offering...

Northland Power Announces Entry Into Spanish Renewables Market Through Acquisition of a 540 MW Operating Wind and Solar Portfolio and Concurrent $900 Million Equity Financing

STRATEGIC INVESTMENT ESTABLISHES NORTHLAND AS A LEADING OPERATOR IN A HIGH GROWTH RENEWABLES MARKET AND DELIVERS NEAR-TERM CASH FLOW WHICH COMPLEMENTS OFFSHORE WIND GROWTH STRATEGY

Highlights

• High-quality, operating portfolio of onshore renewable assets provides scale and immediately positions Northland as a top 10 operator...

TORONTO, April 12, 2021 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland”) (TSX: NPI) announces it will release its 2021 first quarter financial results after market close on Wednesday, May 12, 2021. Northland's management will hold an investor conference call and webcast at 10 a.m. Eastern Time (ET) on Thursday, May 13, 2021, followed by a question and answer period.

Conference call details:

Date: Thursday, May 13, 2021

Start Time: 10:00 a.m. ET

New Baltic Power Project Accelerates Offshore Wind Growth Plan and 20-year New York IREC Contract Offers Advances Near-Term Growth

TORONTO, Feb. 22, 2021 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today reported operating and financial results for three months and year ended December 31, 2020. All dollar amounts set out herein are in thousands of Canadian dollars, unless otherwise stated.

“We are very pleased to have delivered strong 2020 operating results...