Northland Power

Power production company From Wikipedia, the free encyclopedia

Northland Power (TSX: NPI) is a Canadian-owned global power producer. Founded in 1987, Northland has a history of developing, owning and operating a diversified mix of energy infrastructure assets including offshore and onshore wind, solar, natural gas and battery energy storage. Northland also supplies energy through a regulated utility.

Company typePublic
TSX: NPI
IndustryPower generation
GenreIndependent Power Producer
Quick facts Company type, Traded as ...
Northland Power Inc.
Company typePublic
TSX: NPI
IndustryPower generation
GenreIndependent Power Producer
Founded1987
FounderJames C. Temerty and Alexander Juchymenko
Headquarters
Toronto, Ontario
,
Canada
Key people
Christine Healy, President and CEO
Jeff Hart, Chief Financial Officer
Rachel Stephenson, Chief People Officer
Calvin MacCormack, Executive VP, Natural Gas & Utilities and (Interim) Onshore Renewables
Toby Edmonds, Executive VP, Offshore Renewables
Pierre-Emmanuel Frot, Executive VP, Project Management Office
Jaime Hurtado Cola, General Counsel
RevenueIncrease Can$2.3 billion (2024)[1]
Increase Can$0.3 billion (2024)[2]
Total assetsIncrease Can$14 billion (2024)[3]
Total equityIncrease Can$4.5 billion (2024)[4]
Number of employees
1,200 (2024)[5]
Websitewww.northlandpower.com
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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 and a significant inventory of early to mid-stage development opportunities encompassing approximately 11 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. [6]

Conversion to corporation

In 2009, Northland Power Income Fund acquired and merged with Northland Power Inc. This transaction was motivated by the Government of Canada's elimination of preferential tax treatment for income trusts, which has prompted a mass conversion of Canadian income trusts into regular corporations. On June 21, 2010, Northland's unitholders approved management's plan to convert to a corporation effective January 1, 2011.[7]

Power projects controlled by Northland

Operational power projects

More information Name, Location ...
Name Location Fuel Source Capacity (MW) Ref
Kirkland LakeOntarioBiomass, Natural Gas132[8]
North BattlefordSaskatchewanNatural Gas260[8]
Spy HillSaskatchewanNatural Gas86[8]
ThoroldOntarioNatural Gas265[8]
Grand BendOntarioOnshore Wind100[8]
Jardin d'ÉoleQuébecOnshore Wind134[8]
McLean's MountainOntarioOnshore Wind60[8]
Mont LouisQuebecOnshore Wind100[8]
AbitibiOntarioSolar10[8]
Belleville NorthOntarioSolar10[8]
Belleville SouthOntarioSolar10[8]
Burk's Falls EastOntarioSolar10[8]
Burk's Falls WestOntarioSolar10[8]
CrosbyOntarioSolar10[8]
EmpireOntarioSolar10[8]
GlendaleOntarioSolar10[8]
Long LakeOntarioSolar10[8]
Martin's MeadowsOntarioSolar10[8]
McCannOntarioSolar10[8]
North BurgessOntarioSolar10[8]
Rideau LakesOntarioSolar10[8]
Oneida Ontario Battery Energy Storage 250 [9]
Spanish Solar Spain Solar 116
Spanish Onshore Wind Spain Onshore Wind 435
BluestoneUnited StatesOnshore Wind112[8]
Ball HillUnited StatesOnshore Wind108[8]
Deutsche BuchtGermanyOffshore Wind252[8]
GeminiThe NetherlandsOffshore Wind600[10]
Nordsee OneGermanyOffshore Wind332[11]
EBSAColombiaRegulated Utility480,000+ (Customer Connections)[12]
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Projects under advanced development and construction

More information Name, Location ...
Name Location Fuel Source Capacity (MW) Ref
Hai LongTaiwanOffshore Wind1,044[13]
Baltic PowerPolandOffshore Wind1,140[14]
ScotWind Scotland Offshore Wind 2,340
Jurassic BESS Alberta Solar and Battery Energy Storage Battery Energy Storage: 80MW

Solar: 220 MW
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References

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