News

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

TORONTO, July 09, 2018 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland”) (TSX:NPI) announced it will release its 2018 second quarter financial results after market close on August 8, 2018. Northland management will hold an investor conference call at 10:00 a.m. Eastern Time (ET) on Thursday, August 9, 2018, followed by a question and answer period.

Conference call details:

Date: Thursday, August 9, 2018

Start Time: 10:00 a.m. ET

Phone Number: Toll free within North America:...

Northland Power Announces New $1.25 Billion Corporate Credit Facility

TORONTO, June 22, 2018 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland”) (TSX:NPI) is pleased to announce it has entered into a $1.25 billion corporate credit facility with a syndicate of 12 financial institutions led by Canadian Imperial Bank of Commerce, Bank of Montreal and National Bank Financial. 

The new credit facility consists of a $1 billion revolver and $250 million term loan, and replaces Northland’s existing $700 million syndicated credit facility (which comprised a...

Northland Power’s Hai Long Offshore Wind Project Awarded Additional 744 Megawatts in Taiwan Auction

TORONTO, June 22, 2018 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland”) (TSX:NPI) today announced that the Taiwan Bureau of Energy (“BOE”) has awarded 232 megawatts (“MW”) to the Hai Long 2 offshore wind farm (“Hai Long 2”) and 512 MW to the Hai Long 3 offshore wind farm (“Hai Long 3”) under Taiwan’s offshore wind auction program.   These awards are separate from and in addition to the 300 MW in 2024 that Hai Long 2 was allocated by the Taiwan BOE on April 30, 2018 under Taiwan’s...

Northland Power Reports on the 2018 Annual General Meeting

TORONTO, May 23, 2018 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX:NPI) today announced the results of the election of Directors at its Annual General Meeting (“the Meeting”) held on May 23, 2018 in Toronto, Ontario.

The total number of voting shares represented by shareholders present in person and by proxy at the Meeting was 127,123,880, representing 72.2% of Northland’s outstanding voting shares.

The seven nominees proposed by Management for election as...

Northland Power Announces Retirement of CEO John Brace and Appointment of Mike Crawley as Chief Executive Officer, Effective August 4, 2018

TORONTO, May 22, 2018 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland”) (TSX:NPI) today announced that Chief Executive Officer John Brace will retire on August 4, 2018 after 30 years with the company.  Mike Crawley, currently Northland’s Executive Vice President, Development has been appointed to the role of Chief Executive Officer, effective August 4, 2018.  Mr. Brace and Mr. Crawley will work together to ensure a smooth transition.  Mr. Brace will continue to serve as a Director...