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Northland Power Announces Closing of Secondary Offering of Common Shares
Posted on Friday, April 05, 2019 09:29 AM
TORONTO, April 05, 2019 (GLOBE NEWSWIRE) -- Northland Power Inc. ("Northland") (TSX: NPI) announces the closing of the secondary offering announced on March 18, 2019 (the “Offering”), consisting of 32,120,000 common shares plus an additional 4,818,000 shares exercised by the Underwriters pursuant to the exercise in full of their over-allotment option, totaling 36,938,000 common shares (collectively, the “Common Shares”) of Northland held by Northland Power Holdings Inc. and other related persons...
Northland Power Announces Filing of Preliminary Short Form Prospectus
Posted on Friday, March 22, 2019 03:29 PM
TORONTO, March 22, 2019 (GLOBE NEWSWIRE) -- Northland Power Inc. ("Northland") (TSX: NPI) today announces that it has received a receipt for a preliminary short form prospectus (the “Prospectus”) filed with the securities regulatory authorities in each of the provinces of Canada in connection with the distribution of common shares by companies controlled by Mr. James Temerty announced on March 18, 2019. The Prospectus, when made final, will qualify for distribution, on a secondary basis, approximately...
Northland Power Announces $750 Million Secondary Offering Of Common Shares
Posted on Monday, March 18, 2019 04:18 PM
TORONTO, March 18, 2019 (GLOBE NEWSWIRE) -- Northland Power Inc. ("Northland") (TSX: NPI) announced today that Northland Power Holdings Inc. has entered into an agreement with Northland and a syndicate of underwriters led by CIBC Capital Markets (collectively the “Underwriters”), pursuant to which the Underwriters have agreed to purchase on a bought deal basis an aggregate of 32,120,000 common shares (the “Shares”) of Northland held by Northland Power Holdings Inc. and/or other entities...
Northland Power Signs Power Purchase Agreement for Hai Long 2A Offshore Wind Project
Posted on Tuesday, February 26, 2019 09:19 AM
TORONTO, Feb. 26, 2019 (GLOBE NEWSWIRE) -- Northland Power Inc. ("Northland") (TSX: NPI) today announced that its subsidiary has executed a Power Purchase Agreement (“PPA”) with Taiwan Power Company (“Taipower”) for its Hai Long 2A offshore wind project, based on its 300 MW Feed-in-Tariff (“FIT”) allocation. Northland and its partner Yushan Energy Co. Ltd. (“Yushan Energy”) own 60% and 40% of Hai Long 2A, respectively. Hai Long 2A is the first of the three Hai Long projects (1,044 MW total capacity)...
Northland Power Reports Full Year and Fourth Quarter 2018 Results
Posted on Thursday, February 21, 2019 08:52 PM
TORONTO, Feb. 21, 2019 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today reported financial results for the three months and year ended December 31, 2018.
“2018 was a significant year for Northland. We continued to operate safely and efficiently, achieving strong growth in free cash flow and adjusted EBITDA,” said Mike Crawley, President and Chief Executive Officer of Northland. “Construction of Deutsche Bucht project remains on time and on budget, and...