Articles from Northland Power Inc.

TORONTO, April 11, 2025 (GLOBE NEWSWIRE) -- Northland Power Inc. (TSX: NPI) (“Northland” or the “Company”) announced today that John Brace will transition out of his role as Chair of the Board and, if elected, will stay on as a director following the Annual General Meeting (AGM) on May 21, 2025. Ian Pearce, currently the Lead Independent Director and Chair of the Governance and Nominating Committee, will take over as Chair of the Board if elected at the AGM.

TORONTO, April 11, 2025 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland”) (TSX: NPI) announces it will release its 2025 first quarter operating and financial results after markets close on Tuesday, May 13, 2025. Northland's management will hold an investor conference call and webcast at 10 a.m. Eastern Time (ET) on Wednesday, May 14, 2025, followed by a question-and-answer period with analysts.

Announcement Highlights

TORONTO, Jan. 27, 2025 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland”) (TSX: NPI) announces it will release its 2024 fourth quarter operating and financial results after markets close on Wednesday, February 26, 2025. Northland's management will hold an investor conference call and webcast at 10 a.m. Eastern Time (ET) on Thursday, February 27, 2025, followed by a question and answer period with analysts.

TORONTO, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Northland Power Inc. (TSX: NPI) (“Northland” or the “Company”) announced today that Christine Healy will officially assume the role of President and Chief Executive Officer and be appointed as a director of the Company on January 20, 2025, following an update to the timelines previously shared at the time of her appointment.

Baltic Power, Hai Long and Oneida projects continue to make construction progress

TORONTO, Oct. 11, 2024 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland”) (TSX: NPI) announced today it will release its 2024 third quarter operating and financial results after markets close on Wednesday, November 13, 2024. Northland's management will hold an investor conference call and webcast at 10 a.m. Eastern Time (ET) on Thursday, November 14, 2024, followed by a question and answer period with analysts.

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.

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.

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.

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.

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.

Baltic Power, Hai Long and Oneida projects continue to make construction progress

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.

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.

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.

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.

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.

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.

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.

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 will continue to take the lead role in Hai Long’s construction and operation.

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.

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 third quarter of 2023), which management is targeting to close in the fourth quarter of 2023, upon certain closing conditions being met, which also include meeting requirements under the existing multi-party project finance agreements. In the event that the Gentari Sell-Down is delayed due to satisfying closing conditions taking more time than planned, the facility may need to be further extended or re-financed.

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.

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.

TORONTO, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Northland Power Inc. (Northland) (TSX: NPI) today announced that its Hai Long offshore wind project (Hai Long or the project) in Taiwan has successfully met all conditions to close its 1171 billion New Taiwan Dollars long-term non-recourse green financing (equivalent of CAD 5 billion).

TORONTO, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI), today announced that its Baltic Power offshore wind project (“Baltic Power” or the “project”) in Poland has met all conditions and reached financial close for its 20-year CAD-equivalent $5.2 billion non-recourse green financing.

Project Highlights

Project Highlights

Advancing Offshore Wind Development Projects to Financial Close; Continuing to Execute on Planned Sell-down Strategy; and Spain’s Recent Regulatory Changes Enacted in June 2023 Impacts Timing of Revenue Recognition

TORONTO, July 10, 2023 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland”) (TSX: NPI) announces it will release its 2023 second quarter operating and financial results after markets close on Thursday, August 10, 2023. Northland's management will hold an investor conference call and webcast at 10 a.m. Eastern Time (ET) on Friday, August 11, 2023, followed by a question and answer period with analysts.

This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated September 7, 2022, to its short form base shelf prospectus dated June 16, 2021.

TORONTO, May 18, 2023 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today announced the results of the election of Directors at its Annual Meeting (“the Meeting”) held on May 18, 2023, in a virtual-only meeting format.

Project Highlights

First Quarter in Line with Expectations; On Track to Achieve Full Year Financial Guidance

TORONTO, April 05, 2023 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland”) (TSX: NPI) announces it will release its 2023 first quarter operating and financial results after markets close on Tuesday, May 9, 2023. Northland's management will hold an investor conference call and webcast at 10 a.m. Eastern Time (ET) on Wednesday, May 10, 2023, followed by a question and answer period with analysts.

Company Delivers Strong Full-Year Financial Results, Achieving Record Level for Adjusted EBITDA in 2022

Canada’s largest battery energy storage project moves forward

2023 Financial Guidance and Outlook Provides for Continued Execution on Growth and Operational Excellence

TORONTO, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland”) (TSX: NPI) announces it will release its fourth quarter and full year 2022 operating and financial results after markets close on Thursday, February 23, 2023. Northland's management will hold an investor conference call and webcast at 10 a.m. Eastern Time (ET) on Friday, February 24, 2023, followed by a question and answer period with analysts.

TORONTO, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Northland Power Inc. ("Northland") (TSX: NPI) announces that it will host its 2023 Investor Day on Friday February 3, 2023, starting at 10:00 AM ET. Members of Northland’s executive leadership team will provide updates on the company’s achievements, long-term strategy, and growth outlook as well as updates on Northland’s environmental, social, governance (ESG) initiatives, and its corporate and financial targets for 2023.

Sale of 29.4% Interest in Hai Long Offshore Wind Project Brings Onboard Strategic Long-term Partner

Full-Year Guidance Re-affirmed Supported by Stronger Year-To-Date Operating and Financial Results

TORONTO, Oct. 13, 2022 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland”) (TSX: NPI) announces it will release its 2022 third quarter financial results after market close on Wednesday, November 9, 2022. Northland's management will hold an investor conference call and webcast at 10 a.m. Eastern Time (ET) on Thursday, November 10, 2022, followed by a question and answer period with analysts.