Northland Power, founded in 1987, is one of Canada's largest independent power producers. It owns or has a net economic interest in 1,754 MW of operating generating capacity and 332 MW (282 MW net to Northland) of generating capacity under construction, representing an 85% equity stake in Nordsee One, an offshore wind project located in the North Sea. The Company also recently announced the acquisition of a 100% equity stake in a 252 MW offshore wind project DeBu currently in advanced development in the North Sea.
Northland’s strategy is to create shareholder value through continued operational excellence and disciplined growth. The company develops only projects that use clean-burning natural gas and renewable technologies, and for which there are available long-term power purchase agreements with creditworthy off-takers.
Northland has in-house development, initial plant design, financing and operations capabilities and a perfect record of on time on budget project delivery. A strong, seasoned management team with 35% ownership is aligned with shareholder interests.
Northland Power shares trade on the Toronto Stock Exchange under the symbol NPI. In November 2013, Standard and Poor upgraded Northland's rating to BBB (stable outlook). This rating was re-affirmed in July 2016.
See Northland Power’s Investor Kit.
Northland Power Announces 62% Increase in Second Quarter Adjusted EBITDA...
Northland Power Announces Addition to Executive Leadership Team
Continuing our goal to be a leader in the development and operation of sustainable energy assets in Canada and worldwide