Table of Contents
Table of Contents 3
List of Tables 6
List of Figures 7
Northland Power Inc, Power, Deals By Year, 2012 to YTD 2018 8
Northland Power Inc, Power Deals By Type, 2012 to YTD 2018 9
Northland Power Inc, Power, Deals By Region, 2012 to YTD 2018 10
Northland Power Inc, Power, Deals By Sector, 2012 to YTD 2018 11
Northland Power Inc, Power, Deals Summary, 2012 to YTD 2018 12
Northland Power Inc, Power, Deal Details 14
Asset Purchase 14
Northland Power Completes Acquisition of Deutsche Bucht Offshore Wind Project in Germany from Highland Group Holdings 14
Northland Power Completes Acquisition of 85% Interest in Nordsee One Offshore Wind Project in Germany 15
Northland Power to Acquire 85% Interest in Nordsee Two and Nordsee Three Offshore Wind Projects in Germany 16
Northland Power Completes Acquisition of 60% Stake in Gemini Offshore Wind Farm in Netherlands from Typhoon Offshore for USD557 Million 17
Northland Power Acquires Development Rights Of Two Gas Power Plants From Burns & McDonnell In Illinois, US 18
ITUM, Northland Power, Guodian Technology And Transelec Common To Invest US$1 Billion In Wind Power Project Portfolio In Quebec, Canada 19
Northland Power Completes Project Financing of USD1.15 Billion for Deutsche Bucht Offshore Wind Project in Germany 20
RWE Innogy and Northland Power Complete Project Financing for Nordsee I Offshore Wind Farm Project in Germany 21
Aamjiwnaang, Bkejwanong First Nations and Northland Power Complete Project Financing of USD256.6 Million for Grand Bend Wind Power Project in Ontario, Canada 22
Northland Power Completes Project Financing Of US$240 Million For Five Solar Power Projects In Ontario, Canada 23
Consortium Of Four Companies Announces Project Financing Of USD2.96 Billion For Project Gemini Offshore Wind Farm In Netherlands 24
Northland Power Completes Project Financing Of US$224 Million For Portfolio Of Solar Power Projects In Ontario, Canada 25
Partnerships 26
Yushan Energy Forms Joint Venture with Northland Power 26
Equity Offering 27
Northland Power Files Preliminary Short Form Prospectus for Public Offering of Securities for up to USD782.3 Million 27
Northland Power Raises USD2.6 Million in Private Placement of Shares 28
Northland Power Raises USD183.7 Million in Public Offering of Shares 29
Northland Power Raises USD39.8 Million in Private Placement of Shares 31
Northland Power Files Prospectus For Public Offering For US$458 Million 32
Northland Power Completes Public Offering Of Shares For US$141.7 Million 33
Northland Power Completes Private Placement Of Shares For US$45 Million 35
Northland Power Completes Public Offering Of Series 3 Preferred Shares For US$120 Million 37
Debt Offering 39
Northland Power Raises USD132.5 Million in Public Offering of 4.75% Debentures Due 2020 39
Northland Power Raises USD208.4 Million in Private Placement of 4.397% Bonds Due 2032 41
Northland Power Completes Underwriters Exercise Of Over-Allotment Option Of Public Offering Of 5% Debentures Due 2019 For US$70.8 Million 42
North Battleford Power Completes Private Placement Of 4.958% Bonds Due 2032 For US$647 Million 43
Spy Hill Power Completes Private Placement Of 4.14% Bonds Due 2036 For US$159 Million 44
Asset Transactions 45
Boralex Acquires 66.7% Stake in Frampton Community Wind Power Project in Quebec, Canada from Northland Power for USD9.7 Million 45
Taykwa Tagamou Nation and Wahgoshig First Nation to Acquire 37.5% Stake in Four Phase III Solar Power Projects in Ontario, Canada from Northland Power for USD38.4 Million 46
Aamjiwnaang First Nation and Bkejwanong First Nation Acquires 50% Interest in Grand Bend Wind Farm Project in Ontario, Canada from Northland Power 47
Acquisition 48
Northland Power Acquires Majority Stake In Canadian Environmental Energy From Probyn Group 48
Northland Power Acquires Chapais Power Services From Probyn Group 49
Northland Power Inc – Key Competitors 50
Northland Power Inc – Key Employees 51
Northland Power Inc – Locations And Subsidiaries 52
Head Office 52
Other Locations & Subsidiaries 52
Joint Venture 52
Recent Developments 53
Oct 29, 2018: Van Oord and Universal Foundation sign suction installation contract for Deutsche Bucht offshore wind farm 53
Sep 24, 2018: Northland Power opens offshore wind operations hub in Germany 54
Aug 31, 2018: EMS Maritime Offshore extends contract with Nordsee One 55
Aug 16, 2018: EEW loads Deutsche Bucht pipes 56
Aug 08, 2018: Northland Reports Second Quarter Results 57
Jul 20, 2018: Van Oord to install innovative suction bucket foundations at Deutsche Bucht Offshore Wind Farm 62
Jul 20, 2018: Universal Foundation Mono Buckets Showcased at the Deutsche Bucht Pilot Project 63
Jun 22, 2018: Northland Power’s Hai Long offshore wind project awarded additional 744 MW in Taiwan auction 64
Jun 22, 2018: Northland Power Announces New $1.25 Billion Corporate Credit Facility 65
Jun 22, 2018: Big guns target India offshore 66
May 22, 2018: Northland Power Announces Retirement of CEO John Brace and Appointment of Mike Crawley as Chief Executive Officer, Effective August 4, 2018 67
May 11, 2018: Northland Power Reports Strong First Quarter Results With Free Cash Flow Up 256% and Adjusted EBITDA Up 47% 68
Apr 30, 2018: Northland Power Achieves Major Project Milestone – Hai Long Offshore Wind Project Allocated 300 Megawatts Under Taiwan Feed-in-Tariff Program 72
Apr 26, 2018: Double win for Tekmar Energy as they support Van Oord on Deutsche Bucht and BorWin3 73
Apr 05, 2018: Semco Maritime wins engineering study for Northland Power/Yushan Energy Co. Ltd’s Hai Long Offshore Wind Farm in Taiwan 74
Apr 04, 2018: Northland Announces the Appointment of John Brace to Its Board of Directors 75
Feb 22, 2018: Northland Power Delivers Excellent 2017 Results With Gross Profit Up 37% and Adjusted EBITDA Up 22% 76
Feb 18, 2018: Deutsche Bucht Wind Park with cables from General Cable 80
Dec 21, 2017: Northland Power’s Nordsee One Offshore Wind Farm Achieves Final Project Completion 81
Sep 29, 2017: Northland Power appoints K2 Management 82
Sep 22, 2017: Northland Announces that Nordsee One Offshore Wind Project Has Successfully Completed Installation of All Turbines 83
Sep 06, 2017: Northland Power Announces Appointment of Chief Operations Officer 84
Aug 21, 2017: Van Oord awarded contract to construct Deutsche Bucht offshore wind farm 85
Aug 21, 2017: MHI Vestas Offshore Wind receives order for 31 V164-8.0 MW turbines 86
Aug 09, 2017: Northland Power Announces 62% Increase In Second Quarter Adjusted EBITDA Reflecting Success In Its Offshore Wind Investments 87
Jul 11, 2017: Northland Power Announces Addition to Executive Leadership Team 91
Jul 04, 2017: Northland Power Negotiates Long-Term Enhanced Dispatch Contract at 120MW Iroquois Falls Facility 92
May 09, 2017: Northland Power Delivers Strong First Quarter Results and Continues to Reach Milestones on Growth Initiatives 93
Apr 28, 2017: Northland Power’s Gemini Offshore Wind Farm Achieves Full Project Completion 97
Mar 31, 2017: Nordsee One achieves first power 98
Mar 31, 2017: Nordsee One Offshore Wind Project Achieves First Power 99
Mar 08, 2017: First turbine successfully installed at Nordsee One offshore construction site 100
Feb 23, 2017: Northland Power Delivers Outstanding 2016 Results and Significant Progress on Growth Initiatives 101
Jan 19, 2017: Northland Power Provides Update on Global Adjustment Litigation 108
Jan 09, 2017: IESO: Northland Power to generate less hydro power until April 2017 109
Appendix 110
Methodology 110
About GlobalData 110
Contact Us 110
Disclaimer 110
Northland Power Inc, Power, Key Facts, 2017 2
Northland Power Inc, Power, Deals Summary, 2012 to YTD 2018 2
Northland Power Inc, Power, Deals By Year, 2012 to YTD 2018 8
Northland Power Inc, Power Deals By Type, 2012 to YTD 2018 9
Northland Power Inc, Power, Deals By Region, 2012 to YTD 2018 10
Northland Power Inc, Deals By Sector, 2012 to YTD 2018 11
Northland Power Inc, Power, Deals Summary, 2012 to YTD 2018 12
Northland Power Completes Acquisition of Deutsche Bucht Offshore Wind Project in Germany from Highland Group Holdings 14
Northland Power Completes Acquisition of 85% Interest in Nordsee One Offshore Wind Project in Germany 15
Northland Power to Acquire 85% Interest in Nordsee Two and Nordsee Three Offshore Wind Projects in Germany 16
Northland Power Completes Acquisition of 60% Stake in Gemini Offshore Wind Farm in Netherlands from Typhoon Offshore for USD557 Million 17
Northland Power Acquires Development Rights Of Two Gas Power Plants From Burns & McDonnell In Illinois, US 18
ITUM, Northland Power, Guodian Technology And Transelec Common To Invest US$1 Billion In Wind Power Project Portfolio In Quebec, Canada 19
Northland Power Completes Project Financing of USD1.15 Billion for Deutsche Bucht Offshore Wind Project in Germany 20
RWE Innogy and Northland Power Complete Project Financing for Nordsee I Offshore Wind Farm Project in Germany 21
Aamjiwnaang, Bkejwanong First Nations and Northland Power Complete Project Financing of USD256.6 Million for Grand Bend Wind Power Project in Ontario, Canada 22
Northland Power Completes Project Financing Of US$240 Million For Five Solar Power Projects In Ontario, Canada 23
Consortium Of Four Companies Announces Project Financing Of USD2.96 Billion For Project Gemini Offshore Wind Farm In Netherlands 24
Northland Power Completes Project Financing Of US$224 Million For Portfolio Of Solar Power Projects In Ontario, Canada 25
Yushan Energy Forms Joint Venture with Northland Power 26
Northland Power Files Preliminary Short Form Prospectus for Public Offering of Securities for up to USD782.3 Million 27
Northland Power Raises USD2.6 Million in Private Placement of Shares 28
Northland Power Raises USD183.7 Million in Public Offering of Shares 29
Northland Power Raises USD39.8 Million in Private Placement of Shares 31
Northland Power Files Prospectus For Public Offering For US$458 Million 32
Northland Power Completes Public Offering Of Shares For US$141.7 Million 33
Northland Power Completes Private Placement Of Shares For US$45 Million 35
Northland Power Completes Public Offering Of Series 3 Preferred Shares For US$120 Million 37
Northland Power Raises USD132.5 Million in Public Offering of 4.75% Debentures Due 2020 39
Northland Power Raises USD208.4 Million in Private Placement of 4.397% Bonds Due 2032 41
Northland Power Completes Underwriters Exercise Of Over-Allotment Option Of Public Offering Of 5% Debentures Due 2019 For US$70.8 Million 42
North Battleford Power Completes Private Placement Of 4.958% Bonds Due 2032 For US$647 Million 43
Spy Hill Power Completes Private Placement Of 4.14% Bonds Due 2036 For US$159 Million 44
Boralex Acquires 66.7% Stake in Frampton Community Wind Power Project in Quebec, Canada from Northland Power for USD9.7 Million 45
Taykwa Tagamou Nation and Wahgoshig First Nation to Acquire 37.5% Stake in Four Phase III Solar Power Projects in Ontario, Canada from Northland Power for USD38.4 Million 46
Aamjiwnaang First Nation and Bkejwanong First Nation Acquires 50% Interest in Grand Bend Wind Farm Project in Ontario, Canada from Northland Power 47
Northland Power Acquires Majority Stake In Canadian Environmental Energy From Probyn Group 48
Northland Power Acquires Chapais Power Services From Probyn Group 49
Northland Power Inc, Key Competitors 50
Northland Power Inc, Key Employees 51
Northland Power Inc, Subsidiaries 52
Northland Power Inc, Joint Venture 52
List of Figures
Northland Power Inc, Power, Deals by Type, 2012 to YTD 2018 2
Northland Power Inc, Power, Deals By Year, 2012 to YTD 2018 2
Northland Power Inc, Power, Deals By Region, 2012 to YTD 2018 2
Northland Power Inc, Power, Deals By Sector, 2012 to YTD 2018 2
Northland Power Inc, Power, Deals By Year, 2012 to YTD 2018 8
Northland Power Inc, Power, Deals by Type, 2012 to YTD 2018 9
Northland Power Inc, Power, Deals By Region, 2012 to YTD 2018 10
Northland Power Inc, Power, Deals by Sector, 2012 to YTD 2018 11
