Northland Power (“Northland”) owns or has an economic interest in 3.2 GW (net 2.8 GW) of operating generating capacity. The Company also has a significant inventory of projects in construction and in various stages of development encompassing approximately 12 GW of potential capacity. Some of our current projects under construction and in development include:
A 30.6% equity stake in the 1,022 MW Hai Long offshore wind project off the coast of Taiwan
A 49% equity stake in the up to 1,140 MW Baltic Power project off the coast of Poland.
Northland’s vision is to be a top clean and green developer, constructor, owner, and operator of sustainable infrastructure assets, inspiring our people to achieve a sustainable and prosperous future for all of our stakeholders. It aims to continually increase shareholder value by creating high-quality projects underpinned by long-term revenue contracts that deliver predictable cash flows, while carefully managing and mitigating project risks.
Northland has in-house development, initial plant design, financing and operations capabilities and a commendable track record of on-time on-budget project delivery. A strong, seasoned management team with ownership that is aligned with shareholder interests.
Northland shares trade on the Toronto Stock Exchange under the symbol NPI. In November 2013, Standard and Poor upgraded Northland's rating to BBB (stable outlook). This rating was re-affirmed in May 2023. FITCH rating of BBB. See Northland Power’s Investor Kit.