Northland Power Inc

NPI

Equity

ISIN null / Valor 12218506

Toronto Stock Exchange (2025-11-21)

CAD 17.02-3.62%

Northland Power Inc
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About company

Northland Power Inc is a Canadian-based global power producer with nearly four decades of experience in developing, owning, and operating a diverse portfolio of energy infrastructure assets. The company’s operations include offshore and onshore wind farms, solar energy projects, natural gas facilities, and battery energy storage systems. In addition to independent power generation, Northland supplies energy through a regulated utility. Headquartered in Toronto and operating in seven countries, the company holds or has economic interests in approximately 3.2 gigawatts of generating capacity and is actively pursuing development opportunities with a potential of around 10 gigawatts. Northland has been publicly traded on the Toronto Stock Exchange since 1997 under the symbols NPI, NPI.PR.A, and NPI.PR.B.

Summarized from source with an LLMView SourceSector: Energy

Oneida Energy Storage Project Achieves Commercial Operation

The 250 MW Oneida energy storage project commenced commercial operations ahead of schedule and under budget, demonstrating Northland's dedication to project efficiency and safety standards with no lost time incidents.

Progress in Offshore Wind Projects

Construction advanced significantly on the Hai Long and Baltic Power offshore wind projects, including the installation of the first wind turbine at Hai Long and ongoing foundation work at Baltic Power, keeping both projects on track for their respective commercial operation dates.

Strong Financial Performance

For the first quarter of 2025, Northland reported revenue from energy sales of $649 million and a net income of $111 million, maintaining its 2025 financial guidance despite a 29% decrease in revenue compared to the same quarter in 2024.

Leadership Enhancements

Christine Healy was appointed as President and CEO, and Jeff Hart took on the role of CFO, strengthening Northland's executive leadership team to drive the company's strategic objectives and initiatives forward.

Summarized from source with an LLMView Source

Key figures

-14.3%1Y

-54.1%3Y

-60.1%5Y

Performance

41.1%1Y

32.7%3Y

29.2%5Y

Volatility