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Northland Power to Host 2025 Investor Day
Globenewswire· 2025-10-09 12:00
Core Points - Northland Power Inc. will host its 2025 Investor Day in Toronto on November 20, 2025, starting at 9:30 AM ET, featuring presentations from the CEO and senior leadership team [1][2][3] Company Overview - Northland Power is a Canada-based global power producer focused on accelerating the global energy transition, with a history dating back to 1987 [4] - The company develops, owns, and operates a diversified mix of energy infrastructure assets, including offshore and onshore wind, solar, battery energy storage, and natural gas [4] - Northland Power has a gross operating generating capacity of 3.5 GW, with 2.2 GW under construction and approximately 8.5 GW of potential capacity in early to mid-stage development [5] Event Details - The 2025 Investor Day will be a hybrid event, with limited in-person attendance requiring pre-registration, and a live webcast available for virtual attendees [2][3] - An audio recording of the event will be accessible on Northland's website after the live presentation [3]
Northland Announces Reset Dividend Rate on Its Cumulative Rate Reset Preferred Shares, Series 1 & Series 2
Globenewswire· 2025-08-29 21:15
Core Points - Northland Power Inc. has announced the fixed dividend rate for its Cumulative Rate Reset Preferred Shares, Series 1, set at an annual rate of 5.70% for the period from September 30, 2025, to September 29, 2030, translating to $0.3564 per share per quarter [1] - The quarterly floating rate dividends for the Cumulative Floating Rate Preferred Shares, Series 2, will be calculated at an annual rate of 2.80% over the yield on 90-day Government of Canada treasury bills, with the initial rate for the September to December 2025 period set at 1.38% [2] - Holders of Series 1 and Series 2 Shares can convert their shares into the other series on a one-for-one basis until September 15, 2025, effective September 30, 2025 [3] - If the number of outstanding shares in either series falls below 1,000,000 after conversions, those shares will be automatically converted into the other series [4] - Currently, there are 4,762,246 Series 1 Shares and 1,273,754 Series 2 Shares outstanding [5] Company Overview - Northland Power is a Canada-based global power producer focused on accelerating the global energy transition, with a history dating back to 1987 [6] - The company operates a diversified mix of energy infrastructure assets, including offshore and onshore wind, solar, battery energy storage, and natural gas [6] - Northland has a gross operating generating capacity of 3.5 GW, with 2.2 GW under construction and approximately 9 GW in early to mid-stage development opportunities [7] - The company's shares are publicly traded on the Toronto Stock Exchange under the symbols NPI, NPI.PR.A, and NPI.PR.B [7]
Northland Power Appoints New Chief Financial Officer
Globenewswire· 2025-04-21 11:00
Core Insights - Northland Power Inc. has appointed Jeff Hart as the new Chief Financial Officer, effective May 1, 2025 [1] - Mr. Hart has extensive experience in financial leadership, having served as CFO at Husky Energy and Cenovus Energy, and brings expertise in capital markets, treasury, tax management, and mergers and acquisitions [2] - Adam Beaumont, the Interim CFO, will transition to the role of Senior Vice President, Capital Markets, overseeing corporate finance and investor relations [3][4] Company Overview - Northland Power is a Canada-based global power producer focused on accelerating the global energy transition, with a history of developing and operating diverse energy infrastructure assets [6] - The company has a gross operating generating capacity of 3.2 GW, with 2.4 GW under construction and approximately 10 GW of potential capacity in early to mid-stage development [7] - Northland Power has been publicly traded since 1997, with shares listed on the Toronto Stock Exchange [8]