News & Videos - NORTHLAND POWER INC. NPIFF

TORONTO, April 16, 2024 (GLOBE NEWSWIRE) -- Northland Power Inc. (“ Northland ”) (TSX: NPI) announced today it will release its 2024 first quarter operating and financial results after markets close on Wednesday, May 15, 2024. Northland's management will hold an investor conference call and webcast at 10 a.m. Eastern Time (ET) on Thursday, May 16, 2024, followed by a question and answer period with analysts. Conference call details: Date: Thursday, May 16, 2024 Start Time: 10:00 a.m. ET...

TORONTO, March 25, 2024 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today announced that Mike Crawley, Northland’s President and Chief Executive Officer, and the Board of Directors have agreed to a change in leadership for the Company. As such, Mr. Crawley, after leading Northland for the past six years, will be stepping down from his role. Under the succession plan, Mr. Crawley will remain with Northland until September 30, 2024. John Brace,...

TORONTO, March 04, 2024 (GLOBE NEWSWIRE) -- Northland Power Inc. (Northland) (TSX: NPI) announced today it has entered into an agreement to sell the La Lucha solar facility to Cometa Energía, S.A. de C.V., wholly owned by Saavi Energía (Saavi). La Lucha is a 130-megawatt solar facility located in Durango, Mexico that is wholly owned by Northland. The facility achieved commercial operations in June 2023. “This transaction reflects Northland’s strategy to recycle assets from non-core markets...

Jacket for offshore sub-station - marking the first major piece of equipment heading to Taiwan (Hai Long) TORONTO, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Northland Power Inc. ( “Northland” or the “Company” ) (TSX: NPI ) reported today financial results for the three months and year ended December 31, 2023. All dollar amounts set out herein are in thousands of Canadian dollars, unless otherwise stated. Financial Results Sales were $626 million in the fourth quarter of 2023 compared to $641...

TORONTO, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Northland Power Inc. (“ Northland ”) (TSX: NPI) announces that it will host its 2024 Investor Day on Tuesday March 5, 2024, starting at 09:30 AM ET. The event will feature presentations from President and CEO, Mike Crawley, and other members of our senior leadership team on the company’s achievements, strategy, construction projects and growth outlook. The presentation will be broadcast live via webcast, with video and will be accessible by web...

TORONTO, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Northland Power Inc. (“ Northland ”) (TSX: NPI) announces it will release its 2023 fourth quarter operating and financial results after markets close on Wednesday, February 21, 2024. Northland's management will hold an investor conference call and webcast at 10 a.m. Eastern Time (ET) on Thursday, February 22, 2024, followed by a question and answer period with analysts. Conference call details: Date: Thursday, February 22, 2024 Start Time: 10:00...

TORONTO, Jan. 15, 2024 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today announced changes to its executive team with Pauline Alimchandani, Chief Financial Officer, departing the Company in February 2024 to pursue another opportunity. "On behalf of Northland’s Board of Directors, we express our gratitude for Pauline's leadership and accomplishments through a pivotal period in the Company’s evolution,” said John Brace, Chairman of Northland’s...

TORONTO, Dec. 28, 2023 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today announced the closing of its previously announced transaction with Gentari International Renewables Pte. Ltd., a subsidiary of clean energy solutions company Gentari Sdn Bhd (“Gentari”), pursuant to which Gentari has acquired 49 per cent of Northland’s ownership in the Hai Long offshore wind project located in Taiwan. Northland now holds a 30.6 per cent ownership interest...

TORONTO, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Northland Power Inc. (“ Northland ” or the “ Company ”) (TSX: NPI) announces the expansion of its Board of Directors from nine to ten members and the appointment of Ellen Smith as a Director, effective November 29, 2023. Ms. Smith brings over 35 years of leadership experience within the power and utilities sector. After spending her early career at original equipment manufacturers GE Power Systems and Pratt & Whitney, Ms. Smith led a co-gen...

TORONTO, Nov. 24, 2023 (GLOBE NEWSWIRE) -- Northland Power Inc. ( “Northland” or the “Company” ) (TSX: NPI ) today announces that the maturity date of its $500 million short-term corporate credit facility related to its equity contribution in Hai Long has been extended from November 27, 2023 to December 31, 2023. The facility is expected to be repaid upon receipt of the proceeds from the Gentari Sell-Down (as defined in the Company’s Management’s Discussion and Analysis for the third...

TORONTO, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Northland Power Inc. ( “Northland” or the “Company” ) (TSX: NPI ) reported today financial results for the three and nine months ended September 30, 2023. All dollar amounts set out herein are in thousands of Canadian dollars, unless otherwise stated. “Our third quarter financial results were solid and in line with our expectations. We are maintaining the low end of our Adjusted EBITDA, Adjusted Free Cash Flow and Free Cash Flow guidance for...

TORONTO, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Northland Power Inc. (“ Northland ”) (TSX: NPI) announces it will release its 2023 third quarter operating and financial results after markets close on Thursday, November 9, 2023. Northland's management will hold an investor conference call and webcast at 10 a.m. Eastern Time (ET) on Friday, November 10, 2023, followed by a question and answer period with analysts. Conference call details: Date: Friday, November 10, 2023 Start Time: 10:00 a.m. ET...

TORONTO, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Northland Power Inc. (Northland) (TSX: NPI) today announced that its Hai Long offshore wind project (Hai Long or the project) in Taiwan has successfully met all conditions to close its 117 1 billion New Taiwan Dollars long-term non-recourse green financing (equivalent of CAD 5 billion). The non-recourse green project financing will be provided by over 15 international and local lenders with support from multiple Export Credit Agencies (ECAs) including:...

TORONTO, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI), today announced that its Baltic Power offshore wind project (“Baltic Power” or the “project”) in Poland has met all conditions and reached financial close for its 20-year CAD-equivalent $5.2 billion non-recourse green financing. A consortium of 25 financial institutions is supporting the project, including the European Investment Bank (EIB), European Bank for Reconstruction...

Project Highlights Hai Long is a 1.0 gigawatt (GW) offshore wind project being developed as a joint venture between Northland (60 per cent) and Mitsui & Co. (40 per cent). The project is Northland’s first offshore wind project in Asia and fifth in Northland’s offshore wind portfolio. Hai Long 2A (294 MW) benefits from a 20-year PPA with Taipower, and Hai Long 2B and 3 (728 MW) benefits from a 30-year Corporate Power Purchase Agreement (CPPA) with an investment grade counterparty (S&P: AA-)....

Project Highlights Baltic Power is a 1.1 gigawatt (GW) offshore wind project being developed as a joint venture between Northland Power (49 per cent) and Orlen S.A. (51 per cent). The project is Northland’s fourth in Europe within its growing offshore wind portfolio, with long tenor and high credit quality offtake agreements. Baltic Power will nearly double the company’s gross installed offshore wind capacity from 1.2 GW to 2.3 GW. Once operational, the project is expected to power over 1.5...

TORONTO, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Northland Power Inc. ( “Northland” or the “Company” ) (TSX: NPI ) reported today financial results for the three and six months ended June 30, 2023. All dollar amounts set out herein are in thousands of Canadian dollars, unless otherwise stated. “In a challenging time for renewable power projects globally, I was pleased to see our team complete our corporate funding plan this year with the proceeds secured from the Green Subordinated Hybrid...

TORONTO, July 10, 2023 (GLOBE NEWSWIRE) -- Northland Power Inc. (“ Northland ”) (TSX: NPI) announces it will release its 2023 second quarter operating and financial results after markets close on Thursday, August 10, 2023. Northland's management will hold an investor conference call and webcast at 10 a.m. Eastern Time (ET) on Friday, August 11, 2023, followed by a question and answer period with analysts. Conference call details: Date: Friday, August 11, 2023 Start Time: 10:00 a.m. ET...

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...

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...