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As of 4:00 PM 07/9/14 All times are local (Market data is delayed by at least 15 minutes).

northland power inc (NPI) Snapshot

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07/2/14 - C$18.69
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northland power inc (NPI) Details

Northland Power Inc. develops, builds, owns, and operates power generation projects primarily in Canada, the United States, and Germany. It has an economic interest in operating power-producing facilities with a total capacity of 1,005 megawatts (MW), as well as in a pipeline of construction and development projects. The company’s operating assets comprise facilities that produce electricity from natural gas and renewable sources. It also has approximately 260 MW of natural-gas-fired base load facility and 60 MW of ground-mounted solar projects under construction; wind, solar, and run-of-river hydro projects under development; and a portfolio of projects in earlier stages of development. In addition, the company owns rooftop solar facilities and a wood chipping facility, as well as offers engineering, management, and operation services. Further, it sells steam and natural gas. The company was formerly known as Northland Power Income Fund and changed its name to Northland Power Inc. in January 2011. Northland Power Inc. was founded in 1987 and is headquartered in Toronto, Canada.

290 Employees
Last Reported Date: 02/25/14
Founded in 1987

northland power inc (NPI) Top Compensated Officers

Chief Executive Officer, Chief Executive Offi...
Total Annual Compensation: C$409.9K
Chief Financial Officer
Total Annual Compensation: C$315.0K
Chief Operating Officer and Vice Chairman
Total Annual Compensation: C$355.9K
Vice President and General Counsel
Total Annual Compensation: C$315.0K
Chief Investment Officer
Total Annual Compensation: C$322.5K
Compensation as of Fiscal Year 2013.

northland power inc (NPI) Key Developments

Northland Power Announces Board Appointments

Northland Power announced the appointment of Barry Gilmour and Russell Goodman to its board of directors. Both individuals bring extensive business and financial expertise to Northland. Barry Gilmour is a former senior executive from the Bank of Montreal Financial Group (BMO). Russell Goodman is a corporate director of public, private and not-for-profit companies. He currently sits on the board of Gildan Activewear Inc., Whistler-Blackcomb Holdings Inc., Metro Inc., Investors Group Mutual Funds and two private companies: Forth Ports Limited and The J. Walter Group.

Northland Power Inc. Approves Executive Changes

Northland Power Inc. at its Annual General Meeting held on May 21, 2014, approved the appointment of Barry Gilmour and Russell Goodman as directors of the company.

Northland Power Inc. Completes Financing on $4.2 Billion Deal to Build Europe's Large Offshore Wind Farm in the North Sea Off the Netherlands

Northland Power Inc. announced that it has completed financing on a $4.2 billion deal to build Europe's large offshore wind farm in the North Sea off the Netherlands, and is looking for more opportunities to build offshore wind projects in Europe and North America. The project represents the large project financing in the offshore wind sector, and signals Northland's evolution from an Ontario-based power producer that grew out of the forestry sector, to an international company with world-scale ambitions. The Gemini facility will benefit from Netherlands' renewable power subsidies under a 15-year contract. It will contribute to the European Union's Renewable Energy Directive, which calls on member states to reach a 20% share of energy from renewable sources by 2020.


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