Northland Power Reports Third Quarter 2026 Results, Value Accretive Growth Updates and Reaffirms 2026 Guidance

Résumé détaillé

Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today reported financial results for the three and nine months ended September 30, 2026.

TORONTO, Nov. 12, 2026 (GLOBE NEWSWIRE) — Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today reported financial results for the three and nine months ended September 30, 2026. All dollar amounts set out herein are in Canadian dollars, unless otherwise stated.

“This quarter marks an important phase for Northland as our major offshore wind projects begin to transition from construction into operations and generating cash flow. At the Baltic Power and Hai Long offshore wind projects we have installed all turbines, with all of Hai Long’s turbines now generating power. We continued to deliver on our commitments by completing the Jurassic BESS project ahead of schedule and under budget.” said Christine Healy, President and CEO of Northland. “I am proud of our team’s continued excellence and disciplined execution.

Jurassic BESS Project – Northland completed construction of the 80 MW / 160 MWh Jurassic BESS project in Alberta, Canada, ahead of schedule and under budget. The project has moved into commercial operations.

Midnight Alberta BESS Project – Northland converted an existing Alberta solar development project into a 200 MW / 800 MWh standalone battery project, driven by emerging storage market opportunity.

Canadian Renewable Pipeline Additions – Northland expanded its Canadian pipeline with the addition of approximately 350 MW of mid-stage development projects in Atlantic Canada and 250 MW of opportunities in central Canada.

Baltic Power Offshore Wind Project – Northland continued to advance construction of the 1.1 GW Baltic Power project in Poland, with all 76 turbines installed and over 70% generating power. The project is advancing through commissioning in the fourth quarter of 2026. The project remains on track with costs aligned with original expectations.

Polish BESS Projects – Northland continued construction on its two BESS projects in Poland, totaling 300 MW / 1.2 GWh, and secured debt financing of approximately PLN 500 million (CAD 185 million)…

H…

Début de l'article, extrait de Toronto Star. Pour lire la suite, ouvrez l'article chez le média.