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Northland Power

Power production company

Summary

Power production company

FieldValue
nameNorthland Power Inc.
logoNorthland_Power_Logo.svg
typePublic
traded_as
industryPower generation
genreIndependent Power Producer
foundation1987
founderJames C. Temerty and Alexander Juchymenko
location_cityToronto, Ontario
key_peopleChristine 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
revenueCan$2.3 billion (2024)
net_incomeCan$0.3 billion (2024)
assetsCan$14 billion (2024)
equityCan$4.5 billion (2024)
num_employees1,200 (2024)
location_countryCanada
homepage

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

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.

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.

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.{{Cite web|url=http://www.sedarpush.com/extractfile.aspx?fn=/pdfdocs/00030970_019_Mar31-2011_Annual_information_form_-_English.pdf

Power projects controlled by Northland

Operational power projects

NameLocationFuel SourceCapacity (MW)Ref
Kirkland LakeOntarioBiomass, Natural Gas132last=first=date=title=Northland Power - What We Dourl=https://facilities.northlandpower.com/?_mid_=474archive-url=archive-date=website=www.northlandpower.com}}
North BattlefordSaskatchewanNatural Gas260
Spy HillSaskatchewanNatural Gas86
ThoroldOntarioNatural Gas265
Grand BendOntarioOnshore Wind100
Jardin d'ÉoleQuébecOnshore Wind134
McLean's MountainOntarioOnshore Wind60
Mont LouisQuebecOnshore Wind100
AbitibiOntarioSolar10
Belleville NorthOntarioSolar10
Belleville SouthOntarioSolar10
Burk's Falls EastOntarioSolar10
Burk's Falls WestOntarioSolar10
CrosbyOntarioSolar10
EmpireOntarioSolar10
GlendaleOntarioSolar10
Long LakeOntarioSolar10
Martin's MeadowsOntarioSolar10
McCannOntarioSolar10
North BurgessOntarioSolar10
Rideau LakesOntarioSolar10
OneidaOntarioBattery Energy Storage250
Spanish SolarSpainSolar116
Spanish Onshore WindSpainOnshore Wind435
BluestoneUnited StatesOnshore Wind112
Ball HillUnited StatesOnshore Wind108
Deutsche BuchtGermanyOffshore Wind252
GeminiThe NetherlandsOffshore Wind600
Nordsee OneGermanyOffshore Wind332
EBSAColombiaRegulated Utility480,000+ (Customer Connections)

Projects under advanced development and construction

NameLocationFuel SourceCapacity (MW)Ref
Hai LongTaiwanOffshore Wind1,044
Baltic PowerPolandOffshore Wind1,140
ScotWindScotlandOffshore Wind2,340
Jurassic BESSAlbertaSolar and Battery Energy StorageBattery Energy Storage: 80MW

References

References

  1. "2020 Annual Report".
  2. "2020 Annual Report".
  3. "2024 Annual Report".
  4. "2024 Annual Report".
  5. "2021 Fact Sheet".
  6. "Northland Power - Company Overview".
  7. "Northland Power - What We Do".
  8. "Northland Power - Oneida".
  9. "Gemini website".
  10. "Nordsee One - Offshore Wind Farm in the North Sea".
  11. "Empresa de Energía de Boyacá S.A E.S.P Homepage".
  12. "Northland Power - Hai Long".
  13. "Northland Power - Baltic Power".
Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

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