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Northland Reports Second Quarter Results

Posted on Wednesday, August 08, 2018 06:53 PM

TORONTO, Aug. 08, 2018 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX:NPI) today reported financial results for the three and six months ended June 30, 2018.

“We continue to make great progress on our 2018 priorities,” said Mike Crawley, Chief Executive Officer. “In addition to the 300 MW allocated to the Hai Long offshore wind project in April under Taiwan’s Feed-In-Tariff program, Northland and its partner were allocated an additional 744 MW in June under Taiwan’s...

Northland Power Adds 17MW of Capacity to the Deutsche Bucht Offshore Wind Farm

Posted on Thursday, July 19, 2018 06:24 AM

TORONTO, July 19, 2018 (GLOBE NEWSWIRE) -- Northland Power Inc. ("Northland") (TSX:NPI) announced today that the Deutsche Bucht Mono Bucket pilot demonstrator ("Demo") project has reached financial close.  All required funds for the Demo project have been contributed by Northland and committed by the project lenders.

In May, the Federal Maritime and Hydrographic Agency of Germany (BSH) granted the Deutsche Bucht offshore wind project the permit required to erect two additional pilot wind...

Northland Announces Date for 2018 Second Quarter Financial Results Release and Details of Investor Call

Posted on Monday, July 09, 2018 12:36 PM

TORONTO, July 09, 2018 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland”) (TSX:NPI) announced it will release its 2018 second quarter financial results after market close on August 8, 2018. Northland management will hold an investor conference call at 10:00 a.m. Eastern Time (ET) on Thursday, August 9, 2018, followed by a question and answer period.

Conference call details:

Date: Thursday, August 9, 2018

Start Time: 10:00 a.m. ET

Phone Number: Toll free within North America:...

Northland Power Announces New $1.25 Billion Corporate Credit Facility

Posted on Friday, June 22, 2018 09:47 AM

TORONTO, June 22, 2018 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland”) (TSX:NPI) is pleased to announce it has entered into a $1.25 billion corporate credit facility with a syndicate of 12 financial institutions led by Canadian Imperial Bank of Commerce, Bank of Montreal and National Bank Financial. 

The new credit facility consists of a $1 billion revolver and $250 million term loan, and replaces Northland’s existing $700 million syndicated credit facility (which comprised a...

Northland Power’s Hai Long Offshore Wind Project Awarded Additional 744 Megawatts in Taiwan Auction

Posted on Friday, June 22, 2018 08:05 AM

TORONTO, June 22, 2018 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland”) (TSX:NPI) today announced that the Taiwan Bureau of Energy (“BOE”) has awarded 232 megawatts (“MW”) to the Hai Long 2 offshore wind farm (“Hai Long 2”) and 512 MW to the Hai Long 3 offshore wind farm (“Hai Long 3”) under Taiwan’s offshore wind auction program.   These awards are separate from and in addition to the 300 MW in 2024 that Hai Long 2 was allocated by the Taiwan BOE on April 30, 2018 under Taiwan’s...