Northland Power, founded in 1987, is one of Canada's largest independent power producers. The Company owns or has a net economic interest in 1,754 MW of operating generating capacity and 584 MW (534 MW net to Northland) of generating capacity under construction, representing an 85% equity stake in Nordsee One, and a 100% equity stake in the 252 MW Deutsche Bucht (DeBu) project; both offshore wind projects are located 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 September 2017.
See Northland Power’s Investor Kit.
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Northland Announces that Nordsee One Offshore Wind Project Has Successfully...
Continuing our goal to be a leader in the development and operation of sustainable energy assets in Canada and worldwide