News

Northland Power Announces TSX Approval of Normal Course Issuer Bid

TORONTO, Dec. 12, 2018 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland”) (TSX: NPI) announces that the Toronto Stock Exchange (“TSX”) has accepted its notice of intention to proceed with a normal course issuer bid (“NCIB”) commencing December 17, 2018 and ending December 16, 2019.

Northland Power believes that the market price of its common shares (“Common Shares”) may trade in a price range that does not fully reflect their inherent value, and that the acquisition of the common shares...

Northland Power Issues Notice of Redemption of 5.00% Extendible Convertible Unsecured Subordinated Debentures, Series B

TORONTO, Nov. 16, 2018 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland”) (TSX: NPI) announces that it has issued a notice (the “Notice”) of redemption to holders of its currently outstanding 5.00% extendible convertible unsecured subordinated debentures, Series B, due June 30, 2019 (the “Debentures”). As set out in the Notice, the redemption date of the Debentures will be December 21, 2018 (the “Redemption Date”). The Debentures are redeemable for an amount equal to the principal amount...

Northland Power Announces Changes to its Dividend Re-Investment Plan

TORONTO, Nov. 06, 2018 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland”) (TSX: NPI) announced today that the Company has reduced the discount under its Dividend Re-Investment Plan (“DRIP”) from the current 5% to 0%, effective immediately.  Additionally, Northland intends to initiate the sourcing of shares for purposes of the DRIP participants through market purchases, but reserves the right to issue shares from treasury. This change is effective with the dividend currently scheduled...

Northland Power Reports 2018 Third Quarter Results

TORONTO, Nov. 06, 2018 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today reported financial results for the three and nine months ended September 30, 2018.

Third Quarter Highlights:

Financial

• Sales of $350.2 million increased 19% or $54.9 million and gross profit of $321.0 million increased 21% or $56.0 million compared to the same quarter last year primarily due to higher production at Nordsee One, which was partially complete last year and reached full...

Northland Announces Date for 2018 Third Quarter Financial Results Release and Details of Investor Call

TORONTO, Oct. 10, 2018 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland”) (TSX: NPI) announced it will release its 2018 third quarter financial results after market close on November 6, 2018. Northland's management will hold an investor conference call at 10 a.m. Eastern Time (ET) on Wednesday, November 7, 2018, followed by a question and answer period.

Conference call details:

Date: Wednesday, November 7, 2018

Start Time: 10:00 a.m. ET

Phone Number: Toll free within North...