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Northland Power is an energy company. It develops, builds, owns, and operates clean and green global power infrastructure assets. The company produces electricity from clean-burning natural gas and renewable resources such as wind, solar, and natural gas.

TypePublic
Founded1987
HQToronto, CA
Websitenorthlandpower.com
Employee Ratings3.3

Latest Updates

Employees (est.) (Dec 2019)425(+34%)
Revenue (FY, 2020)C$2.1 B(+25%)
Share Price (Sept 2021)C$42.3
Cybersecurity ratingAMore

Key People/Management at Northland Power

Mike Crawley

Mike Crawley

President & Chief Executive Officer
John Brace

John Brace

Board Chair, Director
Pauline Alimchandani

Pauline Alimchandani

Chief Financial Officer
Wendy Franks

Wendy Franks

Executive Vice President, Strategy and Investment Management
David Povall

David Povall

Executive Vice President, Development
Michael Shadbolt

Michael Shadbolt

Vice President and General Counsel
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Northland Power Office Locations

Northland Power has offices in Toronto, Bath, Iroquois Falls, Kirkland Lake and in 16 other locations
Toronto, CA (HQ)
30 St Clair Ave W 12th Floor
Bath, CA
3-5146 Taylor Kidd Blvd
Iroquois Falls, CA
1 NW Industrial Rd
Kirkland Lake, CA
505 Archer Dr
Little Current, CA
1192 Green Bush Rd
Mont-Louis, CA
11 avenue H C.P. 147
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Northland Power Financials and Metrics

Northland Power Revenue

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Northland Power's revenue was reported to be C$2.06 b in FY, 2020 which is a 24.2% increase from the previous period.
CAD

Revenue (FY, 2020)

2.1b

Revenue growth (FY, 2019 - FY, 2020), %

24.2%

Gross profit (FY, 2020)

1.9b

Gross profit margin (FY, 2020), %

90.2%

Net income (FY, 2020)

485.1m

EBIT (FY, 2020)

900.2m

Market capitalization (17-Sept-2021)

9.5b

Closing stock price (17-Sept-2021)

42.3

Cash (31-Dec-2020)

435.0m

EV

16.3b
Northland Power's current market capitalization is C$9.5 b.
CADFY, 2018FY, 2019FY, 2020

Revenue

1.6b1.7b2.1b

Revenue growth, %

7%24%

Cost of goods sold

114.2m116.3m202.3m

Gross profit

1.4b1.5b1.9b
CADFY, 2018FY, 2019FY, 2020

Cash

278.4m268.2m435.0m

Accounts Receivable

275.1m295.4m372.1m

Prepaid Expenses

17.9m18.8m37.7m

Inventories

18.0m21.5m24.1m
CADFY, 2018FY, 2019FY, 2020

Net Income

405.5m451.8m485.1m

Depreciation and Amortization

470.3m561.4m572.9m

Cash From Operating Activities

1.1b1.2b1.3b

Purchases of PP&E

(396.9m)(766.0m)(226.6m)
CADFY, 2018

Revenue/Employee

4.9m

Debt/Equity

4.6 x

Debt/Assets

0.7 x

Financial Leverage

6.7 x
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Northland Power Acquisitions / Subsidiaries

Company NameDateDeal Size
Buitengaats C.V. and ZeeEnergie C.V.
Empresa de Energía de Boyacá S.A E.S.P
Grand Bend Wind L.P.
Iroquois Falls Power Corp.
Kingston CoGen Limited Partnership
Kirkland Lake Power Corp.
McLean’s Mountain Wind L.P.
Mont-Louis Wind L.P.
Nordsee One GmbH
North Battleford Power L.P.
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Northland Power Revenue Breakdown

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Northland Power revenue breakdown by business segment: 10.6% from Utility, 10.6% from Onshore Renewable, 20.2% from Efficient Natural Gas, 57.3% from Offshore Wind and 1.4% from Other

Northland Power revenue breakdown by geographic segment: 28.3% from Germany, 10.6% from Latin America, 32.1% from Canada and 29.0% from Netherlands

Northland Power Cybersecurity Score

Cybersecurity ratingPremium dataset

A

90/100

SecurityScorecard logo

Northland Power Online and Social Media Presence

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Northland Power News and Updates

Northland Power Reports Second Quarter 2021 Results

Company Advances on Significant Growth Initiatives in the Quarter, Executes Initial Green Financings and Refines 2021 Financial Guidance due to Lower Performance in the Offshore Wind Facilities Company Advances on Significant Growth Initiatives in the Quarter, Executes Initial Green Financings and R…

Northland Power Announces Closing of Spanish Onshore Renewables Portfolio

TORONTO, Aug. 11, 2021 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today confirms the successful completion of its previously announced acquisition of a Spanish operating portfolio of onshore renewable projects (the “Portfolio”), from Helia Renovables, F.C.R.…

Northland Power Achieves Key Baltic Power Milestone With 25-Year Award of Contract for Difference in Poland

TORONTO, June 15, 2021 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) is pleased to report that Poland’s Energy Regulatory Office has awarded a contract for difference (“CfD”) for Northland and PKN ORLEN’s (“ORLEN”) Baltic Power offshore wind project (“Baltic Po…

Northland Power Reports First Quarter 2021 Results and Releases Fourth Annual Sustainability Report

Execution on Growth Strategy through the Acquisition of 540 MW Onshore Renewables Portfolio in Spain, Positioning Northland as a Top Ten Operator in a High Growth Market Execution on Growth Strategy through the Acquisition of 540 MW Onshore Renewables Portfolio in Spain, Positioning Northland as a T…

Northland Power Announces Closing of Bought Deal Equity Offering

TORONTO, April 21, 2021 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland”) (TSX: NPI) is pleased to report the closing of its previously announced bought deal equity offering (the "Offering") of common shares (“Shares”). A total of 22,500,500 Shares, including 2,045,500 Shares issued pursuant …

Northland Power Announces Entry Into Spanish Renewables Market Through Acquisition of a 540 MW Operating Wind and Solar Portfolio and Concurrent $900 Million Equity Financing

STRATEGIC INVESTMENT ESTABLISHES NORTHLAND AS A LEADING OPERATOR IN A HIGH GROWTH RENEWABLES MARKET AND DELIVERS NEAR-TERM CASH FLOW WHICH COMPLEMENTS OFFSHORE WIND GROWTH STRATEGY
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Northland Power Frequently Asked Questions

  • When was Northland Power founded?

    Northland Power was founded in 1987.

  • Who are Northland Power key executives?

    Northland Power's key executives are Mike Crawley, John Brace and Pauline Alimchandani.

  • How many employees does Northland Power have?

    Northland Power has 425 employees.

  • What is Northland Power revenue?

    Latest Northland Power annual revenue is C$2.1 b.

  • What is Northland Power revenue per employee?

    Latest Northland Power revenue per employee is C$4.8 m.

  • Who are Northland Power competitors?

    Competitors of Northland Power include SunEdison, NextEra Energy Partners and Emera Energy.

  • Where is Northland Power headquarters?

    Northland Power headquarters is located at 30 St Clair Ave W 12th Floor, Toronto.

  • Where are Northland Power offices?

    Northland Power has offices in Toronto, Bath, Iroquois Falls, Kirkland Lake and in 16 other locations.

  • How many offices does Northland Power have?

    Northland Power has 24 offices.