TORONTO, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) is pleased to announce that it will host its 2025 Investor Day in Toronto on Thursday, November 20, 2025. The formal presentation will start at 9:30 AM ET and will feature an overview of the Company’s performance, growth strategy, and construction project updates from Christine Healy, President and CEO and other members of the senior leadership team. Northland’s Investor Day is open to the investment co ...

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]

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]