Upload
others
View
1
Download
0
Embed Size (px)
Citation preview
2019
W H Y I N V E S T ?
StabilityOver 30 years of successfully developing, constructing and operating independent power projects while delivering strong, consistent returns for shareholders.
Growth An exciting portfolio of attractive and strategic global development and partnering opportunities.
ExperienceA strong, seasoned management team with over 200 years of combined power industry experience.
NORTHLAND’S VISION INTELLIGENT ENERGY FOR A GREENER PLANETTM
Northland produces electricity from clean-burning natural gas and renewable resources such as wind, solar, and biomass. The company partners with Indigenous partners, municipalities and independent companies to develop and operate power-generation facilities in Canada, Europe and other selected jurisdictions. The company maintains an active development strategy focused on creating high-quality projects underpinned by revenue contracts that deliver predictable cash flows that ensure a continual increase in value for all stakeholders.
CANADANorthland’s Asset Diversification
Thermal
Wind
Wind Under Construction & Advanced Development
Solar
KEY NPI SUCCESS FACTORS • Experienced management team • Diversified portfolio of assets and technologies • Revenue contracts generate predictable cash flows • Disciplined non-recourse project finance strategy • Over $1.2 billion in tax pools available • 5% dividend yield
FACTS SUMMARYDate of Listing April 1997
Exchange Toronto Stock Exchange
Trading Symbol NPI
Dividend $1.20 per share annually; $0.10 monthly
Shares Outstanding 180 million
Market Capitalization $4.5 billion
Index Inclusion S&P TSX Clean Technology Index
S&P TSX Capped Utilities Index
S&P SmallCap Index
Credit Rating BBB (Positive)
Number of Employees 363
1 As at December 31, 2018, regular and Class A shares2 As at February 28, 2019, includes all shares outstanding3 As recorded at end-of-day December 31, 2018
Technology: Operating 1 Construction 1
Thermal 973 MW –
Wind 1,326 MW 269 MW
Solar 130 MW –
Total (Gross) 2,429 MW 269 MWTotal (Net) 2 2,014 MW 269 MW1. As of December 31, 20182. Represents Northland’s economic interest
1
2
3
GERMANY
TAIWAN
THE NETHERLANDS
THE NORTH SEA
FACTS SUMMARYDate of Listing April 1997
Exchange Toronto Stock Exchange
Trading Symbol NPI
Dividend $1.20 per share annually; $0.10 monthly
Shares Outstanding 180 million
Market Capitalization $4.5 billion
Index Inclusion S&P TSX Clean Technology Index
S&P TSX Capped Utilities Index
S&P SmallCap Index
Credit Rating BBB (Positive)
Number of Employees 363
ADJUSTED EBITDA BY TECHNOLOGY ($M)2,429 MW OPERATION
Offshore Wind 57%
Thermal 40%Solar 8%Solar 5%
On-shore Wind 15%
Offshore Wind 40%
On-shore Wind 7%
Thermal 28%
DIVERSIFIED PORTFOLIODECEMBER 31, 2018
Analyst Coverage
BMO Capital Markets Ben Pham
Canaccord Genuity David Galison
CIBC Mark Jarvi
Desjardins Bill Cabel
GMP FirstEnergy Ian B. Gillies
Industrial Alliance Jeremy Rosenfield
National Bank Financial Rupert Merer
Raymond James Ltd. David Quezada
RBC Capital Markets Nelson Ng
TD Newcrest Sean Stuart
For more information, please contact:
Wassem Khalil Senior Director, Investor Relations and Strategy
647-288-1019 [email protected]
northlandpower.com
30 St. Clair Avenue West12th floorToronto, Ontario, CanadaM4V 3A1
CORPORATE EXECUTIVE OFFICERS
JAMES TEMERTYCHAIRMAN
MIKE CRAWLEYPRESIDENT & CHIEF EXECUTIVE OFFICER
TROY PATTONCHIEF OPERATIONS OFFICER
PAUL J. BRADLEYCHIEF FINANCIAL OFFICER
MORTEN MELINEXECUTIVE VICE PRESIDENT, CONSTRUCTION
MICHAEL D. SHADBOLTVICE PRESIDENT AND GENERAL COUNSEL