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
Adam Beaumont
Chief Financial Officer (interim)
Rachel Stephenson
Chief People Officer
Yonni Fushman
Chief Administrative & Legal Officer and Corporate Secretary
Calvin MacCormack
Executive Vice President, Natural Gas & Utilities
Michelle Chislett
Executive Vice President, Onshore Renewables
Pierre-Emmanuel Frot
Executive Vice President, Project Management Office
Toby Edmonds
Executive Vice President, Offshore Wind
Analyst Coverage
ATB Capital Markets - Nate Haywood
BMO Capital Markets - Ben Pham
BNP Paribas Securities Corp. - Heidi Hauch
CIBC Capital Markets - Mark Jarvi
Cormark Securities - Nicholas Boychuk
Desjardins - Brent Stadler
National Bank Financial - Rupert Merer
Morningstar - Brett Castelli
Peters & Co. Ltd. - Ken Chmela
Raymond James Ltd. - Daniel Magder
RBC Capital Markets - Nelson Ng
Scotia Capital Inc. - Robert Hope
TD Securities Inc. - Sean Stuart
For More Information, Please Contact:
Dario Neimarlija
Vice President