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Northland Power Announces Signing of Corporate Power Purchase Agreement for Hai Long 2B and 3 Offshore Wind Project

Posted on Monday, July 11, 2022 08:32 AM

TORONTO, July 11, 2022 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) is pleased to announce the signing of a Corporate Power Purchase Agreement (CPPA) for production from its Hai Long offshore wind project in Taiwan secured under auction. The agreement is with an investment grade counterparty (S&P: AA-) and covers 100 percent of the power generated from Hai Long 2B and 3, which have a combined capacity of 744-megawatts (MW). The agreement is for a 20-year...

Header image with turbines

Northland Power Inc. Ranked #12 on Corporate Knights’ Best 50 Corporate Citizens

Posted on Wednesday, June 29, 2022 08:42 AM

TORONTO, June 29, 2022 – This morning, Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) was ranked the #12 company on Corporate Knights’ 2022 list of the Best 50 Corporate Citizens in Canada, celebrating the 20th anniversary of the pioneering annual ranking of corporate sustainability performance.

Northland is proud to have achieved top-quartile scores on our Clean Revenue (earned from the generation and transmission of clean energy), our Board and Executive Diversity, Employee Health...

Northland Power Reports On The 2022 Annual Meeting

Posted on Wednesday, May 25, 2022 05:39 PM

TORONTO, May 25, 2022 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today announced the results of the election of Directors at its Annual Meeting (“the Meeting”) held on May 25, 2022, in a virtual-only meeting format.

The total number of voting shares represented by shareholders present electronically and by proxy at the Meeting was 153,441,644, representing 66.34% of Northland’s outstanding voting shares.

The nine nominees proposed by Management for election...

Northland Power Announces Amendment to Its Diversity Policy to Further Enhance Its Diversity Targets

Posted on Tuesday, May 17, 2022 09:18 AM

TORONTO, May 17, 2022 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today announces amendments to its Diversity Policy to set a target for the recruitment and appointment of a director to its Board of Directors, who is a member of one or more designated groups, which includes Indigenous peoples, persons with disabilities, persons belonging to visible minorities, and members of the LGBTQ2+ by the end of 2024.

Northland recognizes and embraces the benefits of...

Northland Power Reports First Quarter 2022 Results and Releases Its Annual Sustainability Report

Posted on Tuesday, May 10, 2022 09:30 PM

Stronger Wind Resource in the North Sea Supports Robust First Quarter Results, as the Company Continues to Execute on its Capitalized Development Projects

TORONTO, May 10, 2022 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today reported financial results for the three months ended March 31, 2022. All dollar amounts set out herein are in thousands of Canadian dollars, unless otherwise stated.

“We delivered strong first quarter results supported by improved performance...