Northland Power

Northland Power reports Q1 2026 revenue of CAD 774.58 million, beating expectations, while earnings per share of CAD 0.33 significantly missed the forecast of CAD 0.5391. Adjusted EBITDA rose 18% to CAD 427 million and net income climbed to CAD 161 million, but the stock fell by about 2.9%. The company confirms its full-year guidance, cites strong operational performance and warns of potential additional equity needs for the Hai-Long project. » Mere på de.investing.com

Northland Power has signed a 30‑year power purchase agreement with TSMC for additional deliveries from the Hai Long 2A offshore wind farm (294 MW), subject to regulatory approvals in 2026. TSMC would offtake 100% of 2A’s generation capacity, expanding a partnership that began in 2022; the company already purchases power from Hai Long 2B and 3. The project is being developed jointly by Northland (30.6%), Mitsui (40%) and Gentari (29.4%), and the agreement extends the revenue period and strengthens Hai Long’s economic fundamentals. » Mere på de.investing.com

Northland Power reported Q4 2025 EPS of $0.93, outperforming the consensus estimate of $0.4477 by 107.73%. Revenue was $722.84 million, 10.43% above estimates; adjusted EBITDA increased 25% year‑over‑year. The stock jumped 6.64% to $21.35 after the release and is approaching its 52‑week high. The company attributes the strength to offshore wind projects, favorable wind conditions and progress on construction projects, but remains cautious due to non‑cash impairments for the full year and project and regulatory risks. » Mere på de.investing.com

Northland Power reported Q3 2025 EPS of -1.58, missing estimates by a wide margin, after which the stock fell 23.8% to CAD 19.10. The main cause was a net loss of CAD 456 million, driven by a non-cash impairment of CAD 527 million at North Sea One; the dividend was cut to CAD 0.72 annually. At the same time, adjusted EBITDA rose 13% to CAD 257 million and free cash flow increased 130% to CAD 45 million; the company maintains its full-year guidance for adjusted EBITDA and free cash flow. » Mere på de.investing.com