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Northland Power Announces Closing of EBSA Acquisition

Posted on Tuesday, January 14, 2020 02:08 PM

TORONTO, Jan. 14, 2020 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland”) (TSX: NPI) today confirms the successful completion of its previously announced acquisition of a 99.2% interest in the Colombian regulated utility Empresa de Energía de Boyacá (“EBSA”) from Fondo de Capital Privado de Infraestructura Brookfield Colombia and BCIF Holdings Colombia II S.A.S. (collectively, “Brookfield Infrastructure”) (the “Acquisition”). The Acquisition was subject to customary working capital adjustments...

Northland Power Announces Changes to Its Board of Directors

Posted on Friday, December 13, 2019 01:03 PM

TORONTO, Dec. 13, 2019 (GLOBE NEWSWIRE) -- Northland Power Inc. ("Northland") (TSX: NPI) announces that John W. Brace, a current Director of Northland has been named Chair of the Board effective immediately. James C. Temerty has stepped down as Chair but will continue to serve as a Director of the company.

Mr. Temerty has led the company since its inception in 1987 and...

Northland Power Announces Renewal Of Normal Course Issuer Bid

Posted on Thursday, December 12, 2019 04:58 PM

Toronto, Ontario, December 12, 2019 – Northland Power Inc. (“Northland”) (TSX: NPI) announces that the Toronto Stock Exchange (“TSX”) has accepted its notice of intention to renew its normal course issuer bid (“NCIB”) commencing December 17, 2019 and ending December 16, 2020.

Northland Power believes that in the event the market price of its common shares (“Common Shares”) trade in a price range that does not fully reflect their inherent value, the acquisition of the Common Shares may represent...

Northland Power to Establish Joint Venture with Shizen Energy for Offshore Wind Projects in Japan

Posted on Monday, November 18, 2019 01:44 PM

TORONTO, Nov. 18, 2019 (GLOBE NEWSWIRE) -- Northland Power Inc. ("Northland") (TSX: NPI) announces the signing of an agreement with Shizen Energy Inc. (“Shizen Energy”) to jointly establish Chiba Offshore Wind Inc., a 50:50 joint venture, to develop early stage offshore wind development opportunities in Chiba Prefecture,

Northland Power Reports Third Quarter 2019 Results

Posted on Wednesday, November 06, 2019 11:33 PM

Expands Global Footprint with Acquisition of Regulated Utility in Colombia

TORONTO, Nov. 06, 2019 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today reported financial results for the three and nine months ended September 30, 2019.

“Northland continued to deliver healthy, sustainable results in the quarter with a 14% increase in adjusted EBITDA...