Northland Power

Northland Power (TSX: NPI) is a Canadian-owned global power producer. Founded in 1987, Northland has a history of developing, owning and operating a diversified mix of energy infrastructure assets including offshore and onshore wind, solar, natural gas and battery energy storage. Northland also supplies energy through a regulated utility.

Headquartered in Toronto, Canada, with global offices in seven countries, Northland owns or has an economic interest in 3.5 GW of gross operating generating capacity and a significant inventory of early to mid-stage development opportunities encompassing approximately 11 GW of potential capacity.

Publicly traded since 1997, Northland's Common Shares, Series 1 and Series 2 Preferred Shares trade on the Toronto Stock Exchange under the symbols NPI, NPI.PR.A and NPI.PR.B, respectively.

Conversion to corporation In 2009, Northland Power Income Fund acquired and merged with Northland Power Inc. This transaction was motivated by the Government of Canada's elimination of preferential tax treatment for income trusts, which has prompted a mass conversion of Canadian income trusts into regular corporations. On June 21, 2010, Northland's unitholders approved management's plan to convert to a corporation effective January 1, 2011.

Power projects controlled by Northland Operational power projects Name Location Fuel Source Capacity (MW) Kirkland Lake Ontario Biomass, Natural Gas 132 North Battleford Saskatchewan Natural Gas 260 Spy Hill Saskatchewan Natural Gas 86 Thorold Ontario Natural Gas 265CarcelénSpainOnshore Wind49.6ChumillasSpainOnshore Wind50El CastreSpainOnshore Wind26.7Grand Bend Ontario Onshore Wind 100 Jardin d'Éole Québec Onshore Wind 134 La TellaSpainOnshore Wind 50LezuzaSpainOnshore Wind30Loma de AyalaSpainOnshore Wind21Los JaralesSpainOnshore Wind16.8Los LomillasSpainOnshore Wind12.6McLean's Mountain Ontario Onshore Wind 60 Mont Louis Quebec Onshore Wind 100 PalomarejoSpainOnshore Wind30Santa María de NievaSpainOnshore Wind50Sierra LáceraSpainOnshore Wind38.4Tres VillasSpainOnshore Wind52.5ValbuenaSpainOnshore Wind31.7Abitibi Ontario Solar 10 AlmansaSpainSolar8.8AlposolSpainSolar5.2AtaquinesSpainSolar2Belleville North Ontario Solar 10 Belleville South Ontario Solar 10 Burk's Falls East Ontario Solar 10 Burk's Falls West Ontario Solar 10 CasatejadaSpainSolar11.4Crosby Ontario Solar 10 El SoldadoSpainSolar1.2Empire Ontario Solar 10 GeinsolSpainSolar9.1Glendale Ontario Solar 10 La RamblaSpainSolar5.8La ZarzaSpainSolar7.5Langa SpainSolar2.2LebrijaSpainSolar50Long Lake Ontario Solar 10 Lora de EstepaSpainSolar2.3Martin's Meadows Ontario Solar 10 McCann Ontario Solar 10 Medina del CampoSpainSolar7.1North Burgess Ontario Solar 10 Rideau Lakes Ontario Solar 10 ValdecaballerosSpainSolar11.4OneidaOntarioBattery Energy Storage250Bluestone United States Onshore Wind 112 Ball Hill United States Onshore Wind 108 Deutsche Bucht Germany Offshore Wind 252 Gemini The Netherlands Offshore Wind 600 Nordsee One Germany Offshore Wind 332 EBSA Colombia Regulated Utility 480,000+ (Customer Connections)

Projects under advanced development and construction Name Location Fuel Source Capacity (MW) Hai Long Taiwan Offshore Wind 1,044 Baltic Power Poland Offshore Wind 1,140 ScotWindScotlandOffshore Wind2,340Jurassic BESS AlbertaSolar and Battery Energy StorageBattery Energy Storage: 80MW Solar: 220 MWKamionkaPolandBattery Energy Storage100 MW / 400 MWhMieczysławówPolandBattery Energy Storage200 MW / 800 MWh

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