Northland Power

Northland Power Inc.
Company typePublic
TSXNPI
IndustryPower generation
GenreIndependent Power Producer
Founded1987
FounderJames C. Temerty and Alexander Juchymenko
Headquarters
Toronto, Ontario
,
Canada
Key people
John Brace, Chairman of the Board and Interim President & CEO
Adam Beaumont, CFO (interim)
Yonni Fushman, Chief Administrative and Legal Officer
Rachel Stephenson, Chief People Officer
Michelle Chislett, Executive VP, Onshore Renewables
Calvin MacCormack, Executive VP, Natural Gas and Utilities
Toby Edmonds, Executive VP, Offshore Renewables
Pierre-Emmanuel Frot, Executive VP, Project Management Office
RevenueIncrease Can$2.1 billion (2020)[1]
Increase Can$0.5 billion (2020)[2]
Total assetsIncrease Can$11.4 billion (2020)[3]
Total equityIncrease Can$2 billion (2020)[4]
Number of employees
1,154 (2020)[5]
Websitewww.northlandpower.com

Northland Power (TSX: NPI) is a Toronto-based power producer founded in 1987, and publicly traded since 1997. Northland develops, builds, owns and operates clean and green power infrastructure assets in Asia, Europe, Latin America, North America, and other selected global jurisdictions that produce electricity from clean-burning natural gas and renewable resources such as wind and solar technology.[6]

The company owns or has a gross economic interest in 2,681 MW[7] of operating generating capacity and 130 MW[7] of generating capacity under construction, representing the La Lucha solar project. In advanced development, Northland has 300 MW of onshore wind under advanced development across three projects in New York State, a 60% equity stake in the 1,044 MW Hai Long project off the coast of Taiwan and a 49% equity stake in the up to 1,200 MW Baltic Power project off the coast of Poland. Northland also operates a regulated utility business in Colombia and has a portfolio of projects in various stages of development in the Americas, Asia and Europe.[7]

Northland's common shares, Series 1, Series 2 and Series 3 preferred shares trade on the Toronto Stock Exchange under the symbols NPI, NPI.PR.A, NPI.PR.B and NPI.PR.C respectively.

  1. ^ "2030 Annual Report" (PDF).
  2. ^ "2020 Annual Report" (PDF).
  3. ^ "2020 Annual Report" (PDF).
  4. ^ "2020 Annual Report" (PDF).
  5. ^ "2021 Fact Sheet".
  6. ^ "Northland Power - Company Overview". www.northlandpower.com. Retrieved 2021-02-19.
  7. ^ a b c "Northland Power Investment Overview". Northland Power. February 19, 2021.