News

Northland Power Reports Strong First Quarter Results With Free Cash Flow Up 256% and Adjusted EBITDA Up 47%

TORONTO, May 09, 2018 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX:NPI) today reported financial results for the three months ended March 31, 2018.

“2018 is off to an excellent start,” said John Brace, Chief Executive Officer. “Northland’s Hai Long 2 offshore wind project in Taiwan was allocated 300 MW under Taiwan’s Feed-In Tariff program, our operating assets are performing well, and construction on our Deutsche Bucht offshore wind project continues on schedule....

Northland Power Achieves Major Project Milestone – Hai Long Offshore Wind Project Allocated 300 Megawatts Under Taiwan Feed-in-Tariff Program

TORONTO, April 30, 2018 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland”) (TSX:NPI) today announced that the Taiwan Bureau of Energy (“BOE”) has allocated 300 megawatts (“MW”) to the Hai Long 2 offshore wind farm (“Hai Long 2”) under Taiwan’s Feed-in-Tariff (“FIT”) program.  This is a significant step forward for the project, as it allocates capacity for Hai Long 2 to connect to Taiwan’s grid in 2024, and advances the project’s ability to execute a 20-year power contract under Taiwan’s...

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

TORONTO, April 06, 2018 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland”) (TSX:NPI) (TSX:NPI.PR.A) (TSX:NPI.PR.B) (TSX:NPI.PR.C) (TSX:NPI.DB.B) (TSX:NPI.DB.C) announced it will release its 2018 first quarter financial results after market close on May 9, 2018. Northland management will hold an investor conference call at 10:00 a.m. Eastern Daylight Time (EDT) on Thursday, May 10, 2018, followed by a question and answer period.

Conference call details:



Date: Thursday, May 10, 2018

Start...

Northland Announces the Appointment of John Brace to Its Board of Directors

TORONTO, April 04, 2018 (GLOBE NEWSWIRE) -- Northland Power Inc. ("Northland") (TSX:NPI) (TSX:NPI.PR.A) (TSX:NPI.PR.B) (TSX:NPI.PR.C) (TSX:NPI.DB.B) (TSX:NPI.DB.C) announced that it has expanded its Board of Directors from six to seven members and has appointed Chief Executive Officer John Brace to the additional Board position, effective today. Along with Northland’s other board members, John will stand for re-election at Northland’s Annual General Meeting on May 23rd, 2018.

John has been...

Northland Power Delivers Excellent 2017 Results With Gross Profit Up 37% and Adjusted EBITDA Up 22%

TORONTO, Feb. 22, 2018 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX:NPI) today reported financial results for the year ended December 31, 2017.

“Northland achieved outstanding financial, operational and development results in 2017,” noted John Brace, Northland’s Chief Executive Officer. “Our thirtieth year in business was highlighted by several notable achievements. We completed two offshore wind projects totalling €4.0 billion on or ahead of schedule and under...