News

Northland Power's Nordsee One Offshore Wind Farm Achieves Final Project Completion

TORONTO, ON--(Marketwired - December 21, 2017) - Northland Power Inc. ("Northland" or "the Company") (TSX: NPI) (TSX: NPI.PR.A) (TSX: NPI.PR.B) (TSX: NPI.PR.C) (TSX: NPI.DB.B) (TSX: NPI.DB.C) announced today that the 332 MW Nordsee One offshore wind farm achieved final completion on December 20th, 2017. The project was completed on schedule and under its total budget of EUR1.2 billion.

All 54 turbines have been sending power to the grid since September 2017. Final completion marks the official...

Northland Announces Conversion Results in Respect of Cumulative Rate Reset Preferred Shares, Series 3

TORONTO, ON--(Marketwired - December 19, 2017) - Northland Power Inc. ("Northland") (TSX: NPI) (TSX: NPI.PR.A) (TSX: NPI.PR.B) (TSX: NPI.PR.C) (TSX: NPI.PR.D) (TSX: NPI.DB.B) (TSX: NPI.DB.C) announced that as fewer than one million of its Cumulative Rate Reset Preferred Shares, Series 3 ("Series 3 Shares") were tendered for conversion into Cumulative Floating Rate Preferred Shares, Series 4 (the "Series 4 Shares"), no Series 3 Shares will be converted into Series 4 Shares. Consequently, effective...

Northland Power's Board Declares December Monthly Dividend of $0.10 per Share Reflecting an 11% Increase

TORONTO, ON--(Marketwired - December 13, 2017) - Northland Power Inc. ("Northland" or the "Company") (TSX: NPI) (TSX: NPI.PR.A) (TSX: NPI.PR.B) (TSX: NPI.PR.C) (TSX: NPI.DB.B) (TSX: NPI.DB.C) Board of Directors declared the December dividend to be $0.10 per share. The dividend, payable in January 2018 is an increase of 11% over its previous $0.09 per share.

John Brace, Northland's Chief Executive Officer, commented, "This is a very meaningful announcement for us. The dividend increase is a direct...

Northland Announces Reset Dividend Rate on Its Cumulative Rate Reset Preferred Shares, Series 3

TORONTO, ON--(Marketwired - December 01, 2017) - Northland Power Inc. ("Northland") (TSX: NPI) (TSX: NPI.PR.A) (TSX: NPI.PR.B) (TSX: NPI.PR.C) (TSX: NPI.DB.B) (TSX: NPI.DB.C) announced the fixed dividend rate on its Cumulative Rate Reset Preferred Shares, Series 3 ("Series 3 Shares") for the five years commencing December 31, 2017 and ending December 30, 2022. The fixed quarterly dividends on the Series 3 Shares during that period will be paid at an annual rate of 5.08% (Cdn. $0.3132 per share per...

UPDATE - Northland Power Reports 23% Higher Third Quarter Gross Profit and 13% Higher Adjusted EBITDA

TORONTO, ON--(Marketwired - November 08, 2017) -

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Note: This amended press release corrects a statement relating to the investment in the Deutsche Bucht Offshore Wind project.

Northland Power Inc. ("Northland" or the "Company") (TSX: NPI) (TSX: NPI.PR.A) (TSX: NPI.PR.B) (TSX: NPI.PR.C)...