News

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...

Northland Announces Dates for the Fourth Quarter and Year Ended December 31, 2017 Financial Results Release and Details of Investor Call

TORONTO, ON--(Marketwired - January 11, 2018) - 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 plans to release its fourth quarter and year ended December 31, 2017 financial results after market close on February 22, 2018. Northland management will hold an investor conference call at 10:00 a.m. EST on February 23, 2018, followed by a question and answer period.

Conference call details are as follows:

Date:...

Northland Power's Nordsee One Offshore Wind Farm Achieves Final Project Completion

TORONTO, ON--(Marketwired - December 21, 2017) - Northland Power Inc. ("Northland" or "the Company") (TSX: NPI) (TSX: NPI.PR.A) (TSX: NPI.PR.B) (TSX: NPI.PR.C) (TSX: NPI.DB.B) (TSX: NPI.DB.C) announced today that the 332 MW Nordsee One offshore wind farm achieved final completion on December 20th, 2017. The project was completed on schedule and under its total budget of EUR1.2 billion.

All 54 turbines have been sending power to the grid since September 2017. Final completion marks the official...

Northland Announces Conversion Results in Respect of Cumulative Rate Reset Preferred Shares, Series 3

TORONTO, ON--(Marketwired - December 19, 2017) - Northland Power Inc. ("Northland") (TSX: NPI) (TSX: NPI.PR.A) (TSX: NPI.PR.B) (TSX: NPI.PR.C) (TSX: NPI.PR.D) (TSX: NPI.DB.B) (TSX: NPI.DB.C) announced that as fewer than one million of its Cumulative Rate Reset Preferred Shares, Series 3 ("Series 3 Shares") were tendered for conversion into Cumulative Floating Rate Preferred Shares, Series 4 (the "Series 4 Shares"), no Series 3 Shares will be converted into Series 4 Shares. Consequently, effective...

Northland Power's Board Declares December Monthly Dividend of $0.10 per Share Reflecting an 11% Increase

TORONTO, ON--(Marketwired - December 13, 2017) - Northland Power Inc. ("Northland" or the "Company") (TSX: NPI) (TSX: NPI.PR.A) (TSX: NPI.PR.B) (TSX: NPI.PR.C) (TSX: NPI.DB.B) (TSX: NPI.DB.C) Board of Directors declared the December dividend to be $0.10 per share. The dividend, payable in January 2018 is an increase of 11% over its previous $0.09 per share.

John Brace, Northland's Chief Executive Officer, commented, "This is a very meaningful announcement for us. The dividend increase is a direct...