NPI.TO - Northland Power Inc.

Toronto - Toronto Delayed Price. Currency in CAD
31.84
+0.58 (+1.86%)
At close: 4:00PM EDT
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Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close31.26
Open31.33
Bid31.62 x 0
Ask31.63 x 0
Day's Range31.29 - 31.89
52 Week Range20.52 - 33.16
Volume562,276
Avg. Volume918,392
Market Cap6.42B
Beta (5Y Monthly)0.55
PE Ratio (TTM)16.38
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield1.20 (3.84%)
Ex-Dividend DateApr 29, 2020
1y Target EstN/A
All
News
Press Releases
  • GlobeNewswire

    Northland Power Reports on the 2020 Annual and Special Meeting

    TORONTO, May 22, 2020 -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today announced the results of the election of Directors at its Annual and Special.

  • GlobeNewswire

    Northland Power Reports First Quarter 2020 Results

    Northland Power Inc. (“Northland” or the “Company”) (NPI.TO) today reported financial results for three months ended March 31, 2020. “Our financial and operating performance during the first quarter was solid, however, our highest priority to date has been to ensure the health and safety of our employees, contractors and communities across our global operations amid the COVID-19 pandemic,” noted Mike Crawley, President and Chief Executive Officer of Northland.

  • GlobeNewswire

    Northland Power Announces Completion of Early Redemption of 4.75% Convertible Unsecured Subordinated Debentures, Series C

    Not for distribution to U.S. newswire services or for dissemination in the United States or its possessions. Any failure to comply with this restriction may constitute a.

  • GlobeNewswire

    Northland Announces Its First Quarter 2020 Financial Results Release Date and Provides Investor Call and Webcast Details

    TORONTO, April 15, 2020 -- Northland Power Inc. (“Northland”) (TSX: NPI) announces it will release its 2020 first quarter financial results after market close on Wednesday,.

  • GlobeNewswire

    NORTHLAND POWER ISSUES NOTICE OF REDEMPTION FOR 4.75% CONVERTIBLE UNSECURED SUBORDINATED DEBENTURES

    Northland Power Inc. (“Northland”) (NPI.TO) announces that it has issued a notice (the “Notice”) of redemption to holders of its currently outstanding 4.75% convertible unsecured subordinated debentures, Series C, due June 30, 2020 (the “Debentures”). As set out in the Notice, the redemption date of the Debentures will be May 11, 2020 (the “Redemption Date”). The Debentures are redeemable for an amount equal to the principal amount of the Debentures plus accrued unpaid interest up to, but excluding, the Redemption Date.

  • GlobeNewswire

    NORTHLAND POWER’S DEUTSCHE BUCHT OFFSHORE WIND FARM ACHIEVES FULL PROJECT COMPLETION

    TORONTO, March 31, 2020 -- Northland Power Inc. ("Northland") (TSX: NPI) confirmed today that its 252 megawatt (MW) Deutsche Bucht offshore wind project achieved full.

  • GlobeNewswire

    NaiKun Wind Provides Additional Details Regarding the Sale of NaiKun Offshore Wind Project

    VANCOUVER, British Columbia, March 31, 2020 -- NaiKun Wind Energy Group Inc. (TSX-V: NKW) (the “Company” or “NaiKun”) wishes to provide additional details regarding the.

  • GlobeNewswire

    Northland Power Provides Business Update on COVID-19 Situation and Reiterates its 2020 Financial Guidance

    Northland Power Inc. ("Northland" or the "Company") (NPI.TO) provides an update on the coronavirus ("COVID-19") pandemic’s impacts on its operations. From a financial perspective, Northland has ample liquidity, a strong balance sheet and given the relative stability of its revenue and free cash flow profile, the Company currently does not anticipate changes to its 2020 financial guidance as a result of COVID-19. In response to the outbreak of COVID-19, Northland activated its crisis response plans at all of its sites and offices around the world.

  • GlobeNewswire

    NaiKun Wind Announces the Signing of an Agreement to Sell Offshore Wind Project in Hecate Strait to Northland Power Inc.

    Upon successful completion of the Transaction, Northland will be responsible for all aspects of the Project’s development. The Transaction will occur by way of the Company selling Northland a 100% interest in its wholly owned subsidiary, NaiKun Wind Development Inc.

  • GlobeNewswire

    NORTHLAND POWER PROVIDES AN UPDATE ON DEUTSCHE BUCHT OFFSHORE WIND PROJECT

    Northland Power Inc. ("Northland") (NPI.TO) today is providing an update regarding the installation of the two turbines utilizing mono bucket foundations ("Demonstrator Project") at its Deutsche Bucht offshore wind project. As announced on February 25, 2020, the installation of the Demonstrator Project was paused in the fourth quarter of 2019 following the identification of technical issues. Due to the timing issues associated with the technical review, among other considerations, Northland has elected to permanently forego the installation of the Demonstrator Project.

  • GlobeNewswire

    Northland Power Announces Appointment of New Chief Financial Officer

    TORONTO, March 09, 2020 -- Northland Power Inc. (“Northland”) (TSX: NPI) is pleased to announce the appointment of Pauline Alimchandani as Chief Financial Officer (CFO),.

  • GlobeNewswire

    Northland Power Reports Fourth Quarter and Full Year 2019 Results

    Northland Power Inc. (“Northland” or the “Company”) (NPI.TO) today reported financial results for the three months and year ended December 31, 2019. “Our fourth quarter and full year 2019 results reflect another strong year for Northland, highlighted by expansion into Latin America through our first solar power project in Mexico and the acquisition of our first regulated utility in Colombia,” noted Mike Crawley, President and Chief Executive Officer of Northland. Sales increased 7% to $1,659 million from $1,556 million in 2018 and gross profit increased 7% to $1,543 million from $1,441 million primarily due to pre-completion revenues at Deutsche Bucht and higher overall production at all the operating facilities.

  • GlobeNewswire

    Northland Power Expands Offshore Wind Pipeline in Asia With Acquisition of Development Company in South Korea

    Northland Power Inc. ("Northland") (NPI.TO) announces the signing of an agreement to acquire Dado Ocean Wind Farm Co., Ltd. (“Dado Ocean”), a development company with multiple early stage offshore wind development sites near Chodo Island, off the south coast of South Korea. Dado Ocean is currently owned by Mr. Eui Jeong Hwang, an experienced wind power developer who will continue to support the project as a local partner, working together with Northland to achieve key milestones for the project. It is anticipated that South Korea’s installed capacity will more than double by 2050, with renewables accounting for approximately 59% compared to 8% in 20181.

  • GlobeNewswire

    Northland Announces Dates for Its Fourth Quarter and Year End December 31, 2019 Financial Results Release and Details of Investor Call

    TORONTO, Jan. 22, 2020 -- Northland Power Inc. (“Northland”) (TSX: NPI) announces it will release its 2019 fourth quarter financial results after market close on Tuesday,.

  • GlobeNewswire

    Northland Power Announces Closing of EBSA Acquisition

    Northland Power Inc. (“Northland”) (NPI.TO) today confirms the successful completion of its previously announced acquisition of a 99.2% interest in the Colombian regulated utility Empresa de Energía de Boyacá (“EBSA”) from Fondo de Capital Privado de Infraestructura Brookfield Colombia and BCIF Holdings Colombia II S.A.S. (collectively, “Brookfield Infrastructure”) (the “Acquisition”). The Acquisition was subject to customary working capital adjustments and other closing conditions, including the receipt of approval of EBSA’s proposed tariff (the “Tariff Resolution”) by local regulators. The share purchase agreement with Brookfield Infrastructure, also included a provision for a purchase price adjustment in the event of a deviation from the proposed tariff.

  • GlobeNewswire

    Northland Power Announces Changes to Its Board of Directors

    Northland Power Inc. ("Northland") (NPI.TO) announces that John W. Brace, a current Director of Northland has been named Chair of the Board effective immediately. James C. Temerty has stepped down as Chair but will continue to serve as a Director of the company. Mr. Temerty has led the company since its inception in 1987 and was instrumental in shaping Northland as it grew from a start-up Canadian Power Producer to a global player in the renewable power sector.

  • GlobeNewswire

    Northland Power Announces Renewal of Normal Course Issuer Bid

    Northland Power Inc. (“Northland”) (NPI.TO) announces that the Toronto Stock Exchange (“TSX”) has accepted its notice of intention to renew its normal course issuer bid (“NCIB”) commencing December 17, 2019 and ending December 16, 2020. Northland Power believes that in the event the market price of its common shares (“Common Shares”) trade in a price range that does not fully reflect their inherent value, the acquisition of the Common Shares may represent an appropriate use of available funds. Pursuant to the NCIB, Northland may purchase for cancellation up to 8,000,000 of its Common Shares representing approximately 4.5% of Northland’s issued and outstanding Common Shares (calculated in accordance with the rules of the TSX).

  • GlobeNewswire

    Northland Power to Establish Joint Venture with Shizen Energy for Offshore Wind Projects in Japan

    TORONTO, Nov. 18, 2019 -- Northland Power Inc. ("Northland") (TSX: NPI) announces the signing of an agreement with Shizen Energy Inc. (“Shizen Energy”) to jointly establish.

  • GlobeNewswire

    Northland Power Reports Third Quarter 2019 Results

    TORONTO, Nov. 06, 2019 -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today reported financial results for the three and nine months ended September 30,.

  • GlobeNewswire

    Northland Announces Its Third Quarter 2019 Financial Results Release Date and Provides Investor Call & Webcast Details

    TORONTO, Oct. 09, 2019 -- Northland Power Inc. (“Northland”) (TSX: NPI) announces it will release its 2019 third quarter financial results after market close on November 6,.

  • GlobeNewswire

    Northland Power Announces Closing of Subscription Receipt Offering  

    TORONTO, Sept. 18, 2019 (GLOBE NEWSWIRE) --  Northland Power Inc. (“Northland”) (NPI.TO) is pleased to report the closing of its previously announced bought deal offering (the "Offering") of subscription receipts ("Subscription Receipts"). A total of 14,289,000 Subscription Receipts, including 1,299,000 Subscription Receipts issued pursuant to the exercise in full by the Underwriters of their over-allotment option, were sold at an offering price of $24.25 per Subscription Receipt (the “Offering Price”) for aggregate gross proceeds of $346,508,250.

  • CNW Group

    IIROC Trade Resumption - NPI

    IIROC Trade Resumption - NPI

  • GlobeNewswire

    Northland Power Announces Acquisition of Colombian Regulated Utility Business for $1.05 Billion and Concurrent $315 Million Equity Financing

    Northland Power Inc. (“Northland”) (NPI.TO) today announced it entered into an agreement to purchase a 99.2% interest in the Colombian regulated utility Empresa de Energía de Boyacá (“EBSA”) from Fondo de Capital Privado de Infraestructura Brookfield Colombia and BCIF Holdings Colombia II S.A.S. (collectively, “Brookfield Infrastructure”) (the “Acquisition”) for COP 2,665 billion ($1.05 billion), including existing debt, and subject to certain purchase price adjustments following receipt of final approval of EBSA’s tariff by the Colombian energy and utility regulator. “The Acquisition builds on our presence in Latin America and gives us an entry point into Colombia, a target market with a stable economy, growing middle class, strong rule of law and ease and transparency of doing business” noted Mike Crawley, Northland’s President and Chief Executive Officer.

  • CNW Group

    IIROC Trading Halt - NPI

    IIROC Trading Halt - NPI

  • GlobeNewswire

    Northland Power Reports Second Quarter 2019 Results

    TORONTO, Aug. 07, 2019 -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today reported financial results for the three and six months ended June 30, 2019..