News

Northland Power Announces Pricing of $500 Million Inaugural Green Subordinated Notes

Not for distribution to U.S. newswire services or for dissemination in the United States or its possessions. Any failure to comply with this restriction may constitute a violation of U.S. securities law.

This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated September 7, 2022 to its short form base shelf prospectus dated June 16, 2021.

TORONTO, June 14, 2023 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”)...

Northland Power Announces Consideration of Green Corporate Bond Offering

Not for distribution to U.S. newswire services or for dissemination in the United States or its possessions. Any failure to comply with this restriction may constitute a violation of U.S. securities law.

TORONTO, May 31, 2023 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland”) (TSX: NPI) today announced that, subject to market and other conditions, it is considering an offering of green subordinated notes in Canada on a private placement basis in reliance upon exemptions from the prospectus...

Northland Power Announces Sale of its 49 Per Cent Interest in the Nordseecluster Offshore Wind Projects to its Partner, RWE

This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated September 7, 2022, to its short form base shelf prospectus dated June 16, 2021.

TORONTO, May 25, 2023 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “company”) (TSX: NPI) announces the sale of its full 49 per cent ownership stake in the Nordseecluster offshore wind portfolio (NSC) to its partner on the portfolio, RWE Offshore Wind GmbH (RWE). The sale provides...

Northland Power Reports on the 2023 Annual Meeting

TORONTO, May 18, 2023 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today announced the results of the election of Directors at its Annual Meeting (“the Meeting”) held on May 18, 2023, in a virtual-only meeting format.

The total number of voting shares represented by shareholders present electronically and by proxy at the Meeting was 162,537,272, representing 64.51% of Northland’s outstanding voting shares.

The nine nominees proposed by Management for...

Northland Power Announces Financial Close for the Oneida Energy Storage Project & S&P and Fitch BBB (Stable) Ratings Affirmed

Project Highlights

• 250MW/1,000 MWh advanced stage, grid-connected lithium-ion battery storage project, representing the largest clean energy storage project in Canada
• Northland’s first investment in battery storage, providing immediate size and scale in Ontario and is the first of several new energy storage initiatives the Company is pursuing
• Project to benefit from 20-year capacity revenue contract with Ontario’s Independent Electricity System Operator (IESO)
• Provides critical capacity and...