Why Invest
Over 35 years of successfully developing, constructing and operating independent power projects while delivering strong, consistent returns for shareholders.
Growth
An exciting portfolio of attractive and strategic global development opportunities, with a focus on offshore wind in Asia and Europe.
Experience
A strong, seasoned management team with extensive power industry experience.
Northland's Vision Intelligent Energy for a Greener Planet
Northland produces electricity from renewable resources such as wind, solar and clean-burning natural gas. The company partners with Indigenous partners, municipalities and independent companies to develop and operate power-generation facilities globally. The company maintains an active development strategy focused on creating high-quality projects underpinned by revenue contracts that deliver predictable cash flows that ensure a continual increase in value for all stakeholders.
Key Northland Power Success Factors
- Experienced management team
- Diversified portfolio of assets and technologies
- Global development offices to source out opportunities
- Long-term contracted revenues with strong industry tailwinds supporting future growth
- Strong balance sheet and prudent use of debt, preserves investment grade rating
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Offshore wind |
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Offshore Wind: Under Construction and Advanced Development |
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Onshore wind |
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Onshore Wind: Under Construction and Advanced Development |
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Electricity Distribution Utility |
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Solar |
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Solar: Under Construction and Advanced Development |
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Thermal |
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Storage: Under Construction and Advanced Development |
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Offices |
| Technology: | Operating1 | Construction1 | Advanced Development1 |
|---|---|---|---|
| Offshore Wind | 1.2 GW | 2.1 GW | 6.0 GW |
| Onshore Wind | 1 GW | - | 3.0 GW |
| Solar | 0.2 GW | - | |
| Storage | - | 0.3 GW | - |
| Natural Gas | 0.8 GW | - | 1.0 GW |
| Total (Gross) | 3.2 GW | 2.4 GW | 10 GW |
| Total (Net) | 2.8 GW | - | - |
| (1) As at Dec. 31, 2024 |
| Date of Listing | April 1997 |
| Exchange | Toronto Stock Exchange |
| Dividend | $1.20 per share annually |
| Common Shares Outstanding1 | 260 Million |
| Market Capitalization2 | $5 billion |
| Index Inclusion | TSX Clean Technology Index S&P TSX Capped Utilities Index S&P SmallCap Index |
| Credit Rating | BBB (Stable) |
| Number of Employees3 | 1,200 |
| (1) As at Dec. 31, 2024 (2) As at Mar. 4, 2025, includes all common shares outstanding (3) As at Dec. 31, 2024
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Corporate Executive Officers
Christine Healy
President & CEO
Jeff Hart
Chief Financial Officer
Rachel Stephenson
Chief People Officer
Jaime Hurtado Cola
General Counsel
Toby Edmonds
Executive Vice President, Offshore Wind
Calvin MacCormack
Executive Vice President, Natural Gas & Utilities and Onshore Renewables
Pierre-Emmanuel Frot
Executive Vice President, Project Management Office
Adam Beaumont
Senior Vice President, Capital Markets
Analyst Coverage
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For More Information, Please Contact:
Adam Beaumont
Senior Vice President, Capital Markets