Northland Power Inc.: Northland Power Reports First Quarter 2021 Results and Releases Fourth Annual Sustainability Report
TORONTO, May 12, 2021 (GLOBE NEWSWIRE) Northland Power Inc. (
Northland or the
Company ) (TSX: NPI) today reported financial results for three months ended March 31, 2021. All dollar amounts set out herein are in thousands of Canadian dollars, unless otherwise stated. We are off to a good start in 2021 with healthy first quarter financial results and strong progress on our growth plan, said Mike Crawley, Northland s President and Chief Executive Officer. Our near-term strategy has been to further diversify our portfolio and bolster our cash flow profile, to support the advancement of our 4 - 5 GW of identified development projects. We are very pleased to have made significant progress on this front, with our recent announcement of the acquisition of a 540 MW onshore renewables portfolio in Spain. This new portfolio helps diversify our asset base while
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The companies are to develop the Champlain Hudson Power Express project, which will deliver hydropower from Hydro-Québec’s facilities in Canada to New York City.
National Offshore Wind Research and Development Consortium Announces Offshore Wind Supply Chain Roadmap Project
Launch of U.S. offshore wind supply chain project presents comprehensive benefits of a US supply chain for offshore wind.
BALTIMORE, MD, UNITED STATES, May 13, 2021 /EINPresswire.com/ The National Offshore Wind Research and Development Consortium is pleased to announce a comprehensive U.S. offshore wind supply chain project. Launched today, the purpose of the Supply Chain Roadmap is to present the collective benefits of a domestic supply chain and facilitate the acceleration of the offshore wind industry in the United States. The project is a partnership between the National Renewable Energy Laboratory (NREL), the Business Network for Offshore Wind, the State of Maryland, the New York State Energy Research and Development Authority (NYSERDA), and the U.S. Department of Energy (DOE).