NPI Northland Power Inc.

Northland Power Announces Retirement of John Brace and Appointment of Sébastien Clerc to Its Board of Directors

Northland Power Announces Retirement of John Brace and Appointment of Sébastien Clerc to Its Board of Directors

TORONTO, Sept. 05, 2025 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today announced changes to the Company’s Board of Directors (“Board”) following the retirement of John Brace, and the appointment of Sébastien Clerc, effective September 5, 2025.

Mr. Brace formally stepped down as Chair of the Board at Northland’s most recent Annual General Meeting. Since then, he has continued to serve as a Director to support a smooth leadership transition to incoming Chair, Ian Pearce.

“On behalf of the Board, I want to extend our deepest thanks to John for his 37 years of exceptional service to Northland both as an executive leader and as a valued member of the Board,” said Ian Peace, Chair of the Northland’s Board of Directors. “John’s vision, integrity and unwavering dedication have been instrumental to Northland’s growth and success. His contributions will have a lasting legacy, and we wish him all the best in his next chapter.”

Mr. Clerc joins the Board with over 25 years of global leadership experience in the energy and infrastructure sectors. From 2011 to 2024, he served as Chief Executive Officer of Voltalia, a Euronext-listed independent power producer specializing in wind, solar, and battery storage projects. Under his leadership, Voltalia completed its initial public offering and grew revenues from €11 million to over €550 million. Prior to Voltalia, Mr. Clerc was the founder and CEO of Natixis Environment & Infrastructure (now Mirova), where he played a pioneering role in sustainable infrastructure investment.

“We are pleased to welcome Sébastien to Northland’s Board,” said Mr. Pearce. “His extensive international experience in complex energy markets, proven track record of scaling high-performing organizations and his expertise in capital markets and creating value for investors make him a valuable addition to Northland’s Board.”

Mr. Clerc holds a Graduate Degree in Economics and a Master’s in History from Université de Paris X, as well as a Master’s in Finance from Sciences Po Paris.

ABOUT NORTHLAND POWER

Northland Power is a Canada-based global power producer dedicated to accelerating the global energy transition. Founded in 1987, with almost four decades of experience, Northland has a long history of developing, owning and operating a diversified mix of energy infrastructure assets including offshore and onshore wind, solar, battery energy storage, and natural gas. Northland also supplies energy through a regulated utility.

Headquartered in Toronto, Canada, with global offices in seven countries, Northland owns or has an economic interest in 3.5 GW of gross operating generating capacity, 2.2 GW under construction and an inventory of early to mid-stage development opportunities encompassing approximately 9 GW of potential capacity.

Publicly traded since 1997, Northland's Common Shares, Series 1 and Series 2 Preferred Shares trade on the Toronto Stock Exchange under the symbols NPI, NPI.PR.A and NPI.PR.B, respectively.

For further information, please contact:

Adam Beaumont, Senior Vice President, Capital Markets

647-288-1019

Victor Gravili, Chief of Staff and Global Head of Brand & Communications

647-288-1105



EN
05/09/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Northland Power Inc.

Northland Power Inc: 3 directors

Three Directors at Northland Power Inc bought/maiden bought 33,425 shares at 10.216EUR. The significance rating of the trade was 88/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the ...

 PRESS RELEASE

Northland Power Provides Strategic Update Ahead of 2025 Investor Day

Northland Power Provides Strategic Update Ahead of 2025 Investor Day TORONTO, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today announced its strategic update and 2030 outlook. The Company’s executive team will provide further details on Northland’s strategic direction, growth priorities, and key initiatives at its Investor Day on November 20, 2025 at 9:30am EST. Strategic Highlights: Targets doubling gross operating capacity to 7 GW by 2030;Deepens focus on core markets to unlock additional value from the portfolio;Re-aligns the org...

 PRESS RELEASE

Northland Acquires Two Battery Storage Projects in Poland

Northland Acquires Two Battery Storage Projects in Poland Transaction Highlights  Acquired two late-stage pre-construction battery energy storage system (“BESS”) projects totaling 300 MW / 1.2 GWh in Poland;Builds on Northland’s strategy to deepen its presence in its core market of Poland; andValue-accretive opportunity to deploy Northland’s proven expertise in BESS. TORONTO, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Northland Power Inc. ("Northland") (TSX: NPI) is pleased to announce the acquisition of 100% equity interests in two BESS projects (together, the “Projects”) totaling 300 MW /1.2 G...

 PRESS RELEASE

Nordsee One Offshore Wind Farm Signs A 5-Year PPA With Shell

Nordsee One Offshore Wind Farm Signs A 5-Year PPA With Shell TORONTO, Nov. 18, 2025 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) announced the signing of a five-year bilateral Power Purchase Agreement (“PPA”) with Shell Energy Europe Ltd (“Shell”) for approximately one‑third of the production from its 332 megawatt Nordsee One offshore wind farm. Nordsee One is located in the North Sea, in the German Exclusive Economic Zone and was commissioned in December 2017. Northland has an 85% ownership interest in Nordsee One, with the remaining 15% held by RWE...

 PRESS RELEASE

Northland Power Reports Third Quarter 2025 Results

Northland Power Reports Third Quarter 2025 Results TORONTO, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today reported financial results for the three and nine months ended September 30, 2025. All dollar amounts set out herein are in thousands of Canadian dollars, unless otherwise stated. “Operating results were strong this quarter with availability of 96%, and the offshore wind resource in Europe improved. Construction of our two offshore wind projects continues. Both Baltic Power offshore substations have now been installed, and al...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch