News

Northland Power Reports on the 2018 Annual General Meeting

TORONTO, May 23, 2018 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX:NPI) today announced the results of the election of Directors at its Annual General Meeting (“the Meeting”) held on May 23, 2018 in Toronto, Ontario.

The total number of voting shares represented by shareholders present in person and by proxy at the Meeting was 127,123,880, representing 72.2% of Northland’s outstanding voting shares.

The seven nominees proposed by Management for election as...

Northland Power Announces Retirement of CEO John Brace and Appointment of Mike Crawley as Chief Executive Officer, Effective August 4, 2018

TORONTO, May 22, 2018 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland”) (TSX:NPI) today announced that Chief Executive Officer John Brace will retire on August 4, 2018 after 30 years with the company.  Mike Crawley, currently Northland’s Executive Vice President, Development has been appointed to the role of Chief Executive Officer, effective August 4, 2018.  Mr. Brace and Mr. Crawley will work together to ensure a smooth transition.  Mr. Brace will continue to serve as a Director...

Northland Power Renews Preliminary Base Shelf Prospectus

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TORONTO, May 15, 2018 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX:NPI) today filed a preliminary short form base shelf prospectus with the securities regulatory authorities in each of the provinces of Canada. This filing, when made final, will replace Northland's...

Northland Power Reports Strong First Quarter Results With Free Cash Flow Up 256% and Adjusted EBITDA Up 47%

TORONTO, May 09, 2018 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX:NPI) today reported financial results for the three months ended March 31, 2018.

“2018 is off to an excellent start,” said John Brace, Chief Executive Officer. “Northland’s Hai Long 2 offshore wind project in Taiwan was allocated 300 MW under Taiwan’s Feed-In Tariff program, our operating assets are performing well, and construction on our Deutsche Bucht offshore wind project continues on schedule....

Northland Power Achieves Major Project Milestone – Hai Long Offshore Wind Project Allocated 300 Megawatts Under Taiwan Feed-in-Tariff Program

TORONTO, April 30, 2018 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland”) (TSX:NPI) today announced that the Taiwan Bureau of Energy (“BOE”) has allocated 300 megawatts (“MW”) to the Hai Long 2 offshore wind farm (“Hai Long 2”) under Taiwan’s Feed-in-Tariff (“FIT”) program.  This is a significant step forward for the project, as it allocates capacity for Hai Long 2 to connect to Taiwan’s grid in 2024, and advances the project’s ability to execute a 20-year power contract under Taiwan’s...