Northland Power Inc. ("Northland")
(TSX:NPI)(TSX:NPI.PR.A)(TSX:NPI.PR.C)(TSX:NPI.DB.A)(TSX:NPI.DB.B) one of
Canada's leading independent producers of wind, solar, and thermal power for
over 25 years, will be named North American Developer of the Year by the
influential power industry publication Project Finance at its annual awards
banquet in New York City on March 13, 2014. 


Northland was chosen by the publication's editorial team based on a number of
criteria, including the diversity and breadth of two high profile bond
financings completed over the past year. The award also recognizes Northland's
entry into the burgeoning offshore wind market with the 600 MW offshore wind
project Gemini in the North Sea, and the advancement of Northland's significant
ground-mount solar portfolio. The solar portfolio now includes eight operating
facilities with another five in construction. 


"It is an honour to have our accomplishments acknowledged by a publication as
trusted as Project Finance," said John Brace, Chief Executive Officer of
Northland Power. "Northland has grown significantly in recent years, almost
tripling our megawatts in operation since 2009. This growth trajectory has been
possible because of our sustained focus on delivering high quality projects and
innovative financing solutions, while continuously enhancing shareholder value.
With proven success developing projects in Canada, we look forward to expanding
our footprint across further markets in Canada and internationally, and
continuing to deliver growth that is strategic and measured."


To view an image associated with this release, please visit the following link:
http://media3.marketwire.com/docs/933207_projectfinance.jpg


ABOUT NORTHLAND

Northland is an independent power producer founded in 1987, and publicly traded
since 1997. Northland develops, builds, owns and operates facilities that
produce 'clean' (natural gas) and 'green' (wind, solar, and hydro) energy,
providing sustainable long-term value to shareholders, stakeholders, and host
communities. 


The company owns or has a net economic interest in 1,349 MW of operating
generating capacity, with an additional 110 MW (80 MW net to Northland) of
generating capacity currently in construction, and another 150 MW (79 MW net to
Northland) of wind, solar and run-of-river hydro projects with awarded power
contracts. In addition, Northland has acquired the rights to a majority equity
stake in Gemini. Northland's cash flows are diversified over five geographically
separate regions and regulatory jurisdictions in Canada, Europe and the United
States. 


Northland's common shares, Series 1 and Series 3 preferred shares and
convertible debentures trade on the Toronto Stock Exchange under the symbols
NPI, NPI.PR.A, NPI.PR.C, NPI.DB.A and NPI.DB.B, respectively.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Patrick McCaully
Principal, Pointman! PR
patrick@pointmanpr.com
416-855-9427 x301
Northland Power (TSX:NPI.PR.A)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more Northland Power Charts.
Northland Power (TSX:NPI.PR.A)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Northland Power Charts.