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Northland Power Expands Offshore Wind Pipeline in Asia With Acquisition of Development Company in South Korea

Posted on Monday, February 24, 2020 10:19 AM

TORONTO, Feb. 24, 2020 (GLOBE NEWSWIRE) -- Northland Power Inc. ("Northland") (TSX: NPI) announces the signing of an agreement to acquire Dado Ocean Wind Farm Co., Ltd. (“Dado Ocean”), a development company with multiple early stage offshore wind development sites near Chodo Island, off the south coast of South Korea. Dado Ocean is currently owned by Mr. Eui Jeong Hwang, an experienced wind power developer who will continue to support the project as a local partner, working together with...

Northland Announces Dates for Its Fourth Quarter and Year End December 31, 2019 Financial Results Release and Details of Investor Call

Posted on Wednesday, January 22, 2020 04:03 PM

TORONTO, Jan. 22, 2020 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland”) (TSX: NPI) announces it will release its 2019 fourth quarter financial results after market close on Tuesday, February 25, 2020. Northland's management will hold an investor conference call and webcast at 10 a.m. Eastern Time (ET) on Wednesday, February 26, 2020, followed by a question and answer period.

Conference call details:

Date:  Wednesday, February 26, 2020Start Time:  10:00...

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...