About Northland Power Inc. (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 1,338 MW of operating generating capacity and 1,032 MW (692 MW net to Northland) of generating capacity under construction, including a 60% equity stake in Gemini, a 600 MW offshore wind project, and an 85% equity stake in Nordsee One, a 332 MW offshore wind project, both located in the North Sea; as well as a 100 MW onshore wind farm in Grand Bend, Ontario currently in construction.
Northland's cash flows are diversified over four geographically separate regions and regulatory jurisdictions in Canada and Europe.
Northland's senior leadership and management have over 200 years of combined experience in the energy industry with an average tenure of 13 years. The company's 300 employees work out of the Toronto head office and at various project sites and operating facilities.
Northland's common shares, Series 1 and Series 3 preferred shares and Series B and Series C convertible debentures trade on the Toronto Stock Exchange under the symbols NPI, NPI.PR.A, NPI.PR.C, NPI.DB.B, and NPI.DB.C, respectively.
innogy SE is an established European energy company. With its three business segments Grid & Infrastructure, Retail and Renewables, it addresses the requirements of a modern, decarbonised, decentralised and digital energy world. The focus of innogy’s activities is on offering existing and potential customers innovative and sustainable products and services which enable them to use energy more efficiently and improve their quality of life. The key markets are Germany, the United Kingdom, the Netherlands and Belgium as well as several countries in Central Eastern and South Eastern Europe, especially the Czech Republic, Hungary and Poland. In renewable power generation, the company is also active in other regions, e.g. Spain and Italy. The subsidiary of RWE AG started operations on 1 April 2016. The innogy brand name is a symbiosis of the terms innovation, energy and technology.
About innogy SE
Based on the combined financial statements for 2015, the company achieved a revenue of around €46 billion and an EBITDA of €4.5 billion. The company is expected to employ around 40,000 out of a total of around 60,000 employees of the RWE Group once the restructuring process has been completed.
We plan, build and operate plants to generate power and extract energy from renewable sources. We aim to rapidly expand renewables in Europe, both on our own and with partners. In this way, we can work together to make the energy transition a success. Currently, we are particularly strongly represented in our home market, Germany, followed by the United Kingdom, Spain, the Netherlands and Poland. innogy is number three worldwide in offshore wind by installed capacity as of March 2016. In onshore wind too, we are one of the large operators in Europe. At the moment we are focussing on continuing to expand our activities in onshore and offshore wind power as well as reinforcing hydro-electric power generation. In addition, we are looking at entering new markets and technologies, such as large-scale photovoltaic plants, also possibly beyond our core European markets.
Further information: www.innogy.com