reports
Northland Power Announces Appointment of John Brace as Interim Preside...
Northland Power Announces Appointment of John Brace as Interim President and CEO TORONTO, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Northland Power Inc. (TSX: NPI) announced today that John Brace, who has been serving as Northland’s Executive Chair since March 25, 2024, has assumed the role of Interim President and CEO effective immediately, following former President and CEO Mike Crawley’s planned departure from the Company on September 30th. Mr. Brace continues to serve as Chair of the Board and Ian Pearce continues as Lead Independent Director. Mr. Brace has been with Northland since 1988, ...
Northland Power Confirms Hai Long Offshore Project Incident
Northland Power Confirms Hai Long Offshore Project Incident TORONTO, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) confirms that at approximately 10:00 AM local time on August 20, 2024, an incident occurred at the Hai Long Changhua onshore substation, part of its offshore wind project in Taiwan. While the details of the incident remain under investigation, the preliminary information available cited a leak of carbon dioxide from the fire suppression system, which affected approximately 17 on-site workers. In alignment with established em...
Northland Power Reports Second Quarter 2024 Results
Northland Power Reports Second Quarter 2024 Results Baltic Power, Hai Long and Oneida projects continue to make construction progress TORONTO, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) reported today financial results for the three and six months ended June 30, 2024. All dollar amounts set out herein are in thousands of Canadian dollars, unless otherwise stated. “Northland’s strong performance in the second quarter has contributed to solid results for the first half of 2024, largely driven by high wind resource at our offshore wi...
Northland Power Announces Its Second Quarter 2024 Financial Results Re...
Northland Power Announces Its Second Quarter 2024 Financial Results Release Date and Provides Investor Call and Webcast Details TORONTO, July 05, 2024 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland”) (TSX: NPI) announced today it will release its 2024 second quarter operating and financial results after markets close on Wednesday, August 14, 2024. Northland's management will hold an investor conference call and webcast at 10 a.m. Eastern Time (ET) on Thursday, August 15, 2024, followed by a question and answer period with analysts. Conference call details: Date: Thursday, August 1...
Northland Power Completes Sale of Its Interest in La Lucha Solar Facil...
Northland Power Completes Sale of Its Interest in La Lucha Solar Facility TORONTO, June 28, 2024 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) announced today the closing of the transaction to sell its 100% interest in the La Lucha solar facility to Cometa Energía, S.A. de C.V., wholly owned by Saavi Energía (Saavi), previously announced on March 4, 2024. This transaction reflects Northland’s strategy to focus on its core markets, simplify the overall business, and recycle capital. Proceeds will initially be used towards repayment of amounts drawn on ...
Northland Power Reports on Its 2024 Annual General Meeting
Northland Power Reports on Its 2024 Annual General Meeting TORONTO, May 22, 2024 (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 22, 2024, in a virtual-only meeting format. The total number of voting shares represented by shareholders present electronically and by proxy at the Meeting was 157,834,362, representing 61.64% of Northland’s outstanding voting shares. The nine nominees proposed by Management for election as Directors were electe...
Northland Power Reports First Quarter 2024 Results
Northland Power Reports First Quarter 2024 Results Baltic Power, Hai Long and Oneida projects continue to make construction progress TORONTO, May 15, 2024 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) reported today financial results for the three months ended March 31, 2024. All dollar amounts set out herein are in thousands of Canadian dollars, unless otherwise stated. “We are off to a strong start in 2024 with first quarter results better than expected, thanks to strong winds experienced at our offshore wind facilities,” said Mike Crawley, North...
Northland Power releases 2023 Sustainability Report highlighting ESG a...
Northland Power releases 2023 Sustainability Report highlighting ESG achievements TORONTO, April 29, 2024 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today released its 2023 Sustainability Report, ‘Powering Possibility’, that highlights the Company’s environmental, social and governance (ESG) achievements from the past year. “Despite industry headwinds, our teams continued to drive performance and delivered important milestones for Northland, the industry and key markets globally,” said President and CEO, Mike Crawley. “Our achievements lay the grou...
Northland Power Announces Its First Quarter 2024 Financial Results Rel...
Northland Power Announces Its First Quarter 2024 Financial Results Release Date and Provides Investor Call and Webcast Details 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 S...
Northland Power Announces President and Chief Executive Officer Leader...
Northland Power Announces President and Chief Executive Officer Leadership Transition 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, Chair of the Board of...
Northland Announces Sale of La Lucha Solar Facility
Northland Announces Sale of La Lucha Solar Facility 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 to generate liquidity and simplify our overall ...
Northland Power Reports Fourth Quarter 2023 Results and Announces 2024...
Northland Power Reports Fourth Quarter 2023 Results and Announces 2024 Financial Outlook 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 ...
Northland Power to Host 2024 Investor Day
Northland Power to Host 2024 Investor Day 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 browser. The presentation will be available on Northland’s web...
Northland Power Announces Its Fourth Quarter 2023 Financial Results Re...
Northland Power Announces Its Fourth Quarter 2023 Financial Results Release Date and Provides Investor Call and Webcast Details 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 2...
Northland Power Announces Leadership Changes
Northland Power Announces Leadership Changes 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 Board of Directors. “We are confident that the team Pauline has ...
Northland Power and Gentari Renewables Announce Closing of Hai Long Pa...
Northland Power and Gentari Renewables Announce Closing of Hai Long Partnership 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 in the overall project and w...
Northland Power Announces Appointment of Ellen Smith to Its Board of D...
Northland Power Announces Appointment of Ellen Smith to Its Board of Directors 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 business initiative and power &...
Northland Extends Maturity Date of Its $500M Short Term Corporate Cred...
Northland Extends Maturity Date of Its $500M Short Term Corporate Credit Facility for Hai Long to December 31, 2023 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...
Northland Power Reports Third Quarter 2023 Results
Northland Power Reports Third Quarter 2023 Results 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 2023. Despite the regulatory changes in Spain last quar...
Northland Power Announces Its Third Quarter 2023 Financial Results Rel...
Northland Power Announces Its Third Quarter 2023 Financial Results Release Date and Provides Investor Call and Webcast Details 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 ...
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