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Northland Power

Northland Power (TSX: NPI) is a 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]

Northland Power Inc.
TypePublic
TSX: NPI
IndustryPower generation
GenreIndependent Power Producer
Founded1987
FounderJames C. Temerty
Headquarters
Toronto, Ontario
,
Canada
Key people
John Brace, Chair
Mike Crawley, CEO
Pauline Alimchandani, CFO
Wendy Franks, EVP Strategy and Investment Management
Morten Melin, EVP Construction
David Povall, EVP Development
Michael Shadbolt, VP and General Counsel
Rachel Stephenson, Chief People Officer
Revenue Can$2.1 billion (2020)[1]
Can$0.5 billion (2020)[2]
Total assets Can$11.4 billion (2020)[3]
Total equity Can$2 billion (2020)[4]
Number of employees
1,154 (2020)[5]
Websitewww.northlandpower.com

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.

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.[8]

Power projects controlled by Northland

Operational power projects

Name Location Fuel Source Capacity (MW) Ref
Iroquois Falls Ontario Natural Gas 120 [9]
Kingston Ontario Natural Gas 110 [9]
Kirkland Lake Ontario Biomass, Natural Gas 132 [9]
North Battleford Saskatchewan Natural Gas 260 [9]
Spy Hill Saskatchewan Natural Gas 86 [9]
Thorold Ontario Natural Gas 265 [9]
Grand Bend Ontario Onshore Wind 100 [9]
Jardin d'Éole Québec Onshore Wind 134 [9]
McLean's Mountain Ontario Onshore Wind 60 [9]
Mont Louis Quebec Onshore Wind 100 [9]
Abitibi Ontario Solar 10 [9]
Belleville North Ontario Solar 10 [9]
Belleville South Ontario Solar 10 [9]
Burk's Falls East Ontario Solar 10 [9]
Burk's Falls West Ontario Solar 10 [9]
Crosby Ontario Solar 10 [9]
Empire Ontario Solar 10 [9]
Glendale Ontario Solar 10 [9]
Long Lakes Ontario Solar 10 [9]
Martin's Meadows Ontario Solar 10 [9]
McCann Ontario Solar 10 [9]
North Burgess Ontario Solar 10 [9]
Rideau Lakes Ontario Solar 10 [9]
Deutsche Bucht Germany Offshore Wind 252 [9]
Gemini The Netherlands Offshore Wind 600 [10]
Nordsee One Germany Offshore Wind 332 [11]
EBSA Colombia Regulated Utility 480,000+ (Customer Connections) [12]

Projects under advanced development and construction

Name Location Fuel Source Capacity (MW) Ref
Ball Hill New York Onshore Wind 100 [13]
Bluestone New York Onshore Wind 124 (up to) [14]
Hai Long Taiwan Offshore Wind 1,044 [15]
High Bridge New York Onshore Wind 100 [16]
La Lucha Mexico Solar 130 [17]

References

  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.{{cite web}}: CS1 maint: url-status (link)
  8. ^ "2010 Annual Information Form (Northland Power)" (PDF). www.sedarpush.com. Retrieved 2019-09-18.
  9. ^ a b c d e f g h i j k l m n o p q r s t u v w x "Northland Power - What We Do". www.northlandpower.com.
  10. ^ "Gemini website". geminiwindpark.nl. Retrieved 2020-05-29.
  11. ^ "Nordsee One - Offshore Wind Farm in the North Sea". nordseeone.com. Retrieved 2020-05-29.
  12. ^ "Empresa de Energía de Boyacá S.A E.S.P Homepage". ebsa.com.co (in Spanish). Retrieved 2020-05-29.
  13. ^ "Northland Power - Ball Hill". www.northlandpower.com. Retrieved 2021-02-19.
  14. ^ "Northland Power - Bluestone". www.northlandpower.com. Retrieved 2021-02-19.
  15. ^ "Northland Power - Hai Long". www.northlandpower.com. Retrieved 2021-02-19.
  16. ^ "Northland Power - High Bridge". www.northlandpower.com. Retrieved 2021-02-19.
  17. ^ "Northland Power - La Lucha". www.northlandpower.com. Retrieved 2021-02-19.

External links

  • Northland Power Website

northland, power, power, producer, founded, 1987, publicly, traded, since, 1997, northland, develops, builds, owns, operates, clean, green, power, infrastructure, assets, asia, europe, latin, america, north, america, other, selected, global, jurisdictions, tha. Northland Power TSX NPI is a 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 Northland Power Inc TypePublicTraded asTSX NPIIndustryPower generationGenreIndependent Power ProducerFounded1987FounderJames C TemertyHeadquartersToronto Ontario CanadaKey peopleJohn Brace Chair Mike Crawley CEO Pauline Alimchandani CFO Wendy Franks EVP Strategy and Investment Management Morten Melin EVP Construction David Povall EVP Development Michael Shadbolt VP and General Counsel Rachel Stephenson Chief People OfficerRevenueCan 2 1 billion 2020 1 Net incomeCan 0 5 billion 2020 2 Total assetsCan 11 4 billion 2020 3 Total equityCan 2 billion 2020 4 Number of employees1 154 2020 5 Websitewww wbr northlandpower wbr comThe 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 Contents 1 Conversion to corporation 2 Power projects controlled by Northland 2 1 Operational power projects 2 2 Projects under advanced development and construction 3 References 4 External linksConversion to corporation EditIn 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 8 Power projects controlled by Northland EditOperational power projects Edit Name Location Fuel Source Capacity MW RefIroquois Falls Ontario Natural Gas 120 9 Kingston Ontario Natural Gas 110 9 Kirkland Lake Ontario Biomass Natural Gas 132 9 North Battleford Saskatchewan Natural Gas 260 9 Spy Hill Saskatchewan Natural Gas 86 9 Thorold Ontario Natural Gas 265 9 Grand Bend Ontario Onshore Wind 100 9 Jardin d Eole Quebec Onshore Wind 134 9 McLean s Mountain Ontario Onshore Wind 60 9 Mont Louis Quebec Onshore Wind 100 9 Abitibi Ontario Solar 10 9 Belleville North Ontario Solar 10 9 Belleville South Ontario Solar 10 9 Burk s Falls East Ontario Solar 10 9 Burk s Falls West Ontario Solar 10 9 Crosby Ontario Solar 10 9 Empire Ontario Solar 10 9 Glendale Ontario Solar 10 9 Long Lakes Ontario Solar 10 9 Martin s Meadows Ontario Solar 10 9 McCann Ontario Solar 10 9 North Burgess Ontario Solar 10 9 Rideau Lakes Ontario Solar 10 9 Deutsche Bucht Germany Offshore Wind 252 9 Gemini The Netherlands Offshore Wind 600 10 Nordsee One Germany Offshore Wind 332 11 EBSA Colombia Regulated Utility 480 000 Customer Connections 12 Projects under advanced development and construction Edit Name Location Fuel Source Capacity MW RefBall Hill New York Onshore Wind 100 13 Bluestone New York Onshore Wind 124 up to 14 Hai Long Taiwan Offshore Wind 1 044 15 High Bridge New York Onshore Wind 100 16 La Lucha Mexico Solar 130 17 References Edit 2030 Annual Report PDF 2020 Annual Report PDF 2020 Annual Report PDF 2020 Annual Report PDF 2021 Fact Sheet Northland Power Company Overview www northlandpower com Retrieved 2021 02 19 a b c Northland Power Investment Overview Northland Power February 19 2021 a href Template Cite web html title Template Cite web cite web a CS1 maint url status link 2010 Annual Information Form Northland Power PDF www sedarpush com Retrieved 2019 09 18 a b c d e f g h i j k l m n o p q r s t u v w x Northland Power What We Do www northlandpower com Gemini website geminiwindpark nl Retrieved 2020 05 29 Nordsee One Offshore Wind Farm in the North Sea nordseeone com Retrieved 2020 05 29 Empresa de Energia de Boyaca S A E S P Homepage ebsa com co in Spanish Retrieved 2020 05 29 Northland Power Ball Hill www northlandpower com Retrieved 2021 02 19 Northland Power Bluestone www northlandpower com Retrieved 2021 02 19 Northland Power Hai Long www northlandpower com Retrieved 2021 02 19 Northland Power High Bridge www northlandpower com Retrieved 2021 02 19 Northland Power La Lucha www northlandpower com Retrieved 2021 02 19 External links EditNorthland Power Website Retrieved from https en wikipedia org w index php title Northland Power amp oldid 1107066287, wikipedia, wiki, book, books, library,

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