Northland Power Inc. · TSX:NPI
Northland Power — Investor Presentation (September 2026)
13 slides from Northland Power's investor presentation, September 2026
Slide 1: Powering What’s Next
Powering What’s Next Investor Presentation September 2026
Slide 2: Forward Looking Statements
Forward Looking Statements Investor Presentation | September 2026 This written presentation, together with the accompanying oral presentation, contains certain forward-looking statements concerning the business and operations of Northland Power Inc. (“Northland”) that constitute forward-looking info
Slide 3: Corporate Snapshot
Investor Presentation | September 2026 Corporate Snapshot Proven track record of driving returns through project delivery, operational excellence, and 3.5 GW1 >95% operating contracted revenue strategic growth 2.5 GW1 $13.2B2 in construction total assets Investment 1,100+ Grade employees credit rati
Slide 4: Multi-technology & International Reach
Investor Presentation | September 2026 Multi-technology & International Reach1 2.6 GW The Netherlands, Germany and Poland 1.6 GW Canada 1.0 GW Taiwan 0.2 GW United States 0.6 GW Spain Offshore Wind Onshore Wind Solar 500k Customers Battery Storage Colombia Natural Gas Utility 1. Includes only assets
Slide 5: Energize 2030
Investor Presentation | September 2026 Energize 2030 2030 Targets 7 GW expected to double gross operating capacity 1.4 – 1.8 GW new gross capacity growth $50M Deliver a 10% total annual cost savings by the end of 2028 shareholder return ~$5.8 – $6.6B+ 5 year expected total gross investment1 12%+ pro
Slide 6: Our Path to Growth
Our Path to Growth Investor Presentation | September 2026 Canada Growth Pipeline International Europe 25% ~10 GW Gross Operating Capacity 75% Americas Asia Offshore Wind Early/Mid-Stage Development Construction Onshore Wind Solar Battery Storage Natural Gas 6
Slide 7: Offshore Wind Projects under construction
Investor Presentation | September 2026 Offshore Wind Projects under construction 2.1 GW of offshore wind nearing commercial operations Baltic Power, Poland Hai Long, Taiwan Location: Baltic Sea, Poland Location: Taiwan Strait Technology: Offshore wind Technology: Offshore wind Stage: Construction St
Slide 8: Poland Battery Storage Projects under construction
Investor Presentation | September 2026 Poland Battery Storage Projects under construction 300 MW of battery energy storage projects located in Western Poland Kamionka, Poland Mieczysławów, Poland Location: Kamionka, Poland Location: Mieczysławów, Poland Technology: Battery Storage Technology: Batter
Slide 9: Northland’s Advantage
Investor Presentation | September 2026 Northland’s Advantage Multi-technology expertise Proven project delivery 38+ years of operational experience Capital discipline driving value creation 9
Slide 10: Key Metrics
Investor Presentation | September 2026 Key Metrics1 Corporate Metrics Financial Metrics Total Employees 1,100+ Recent Share Price (TSX: NPI) $22.34 Total Assets2 $13.2B Shares (Common) 261.5M Gross Operating Assets 3.5 GW Annual Dividend $0.72 Gross Assets in Construction 2.5 GW 2026 EBITDA Guidance
Slide 11: 2026 Operating Adjusted EBITDA & Free Cash Flow Mix
Investor Presentation | September 2026 2026 Operating Adjusted EBITDA & Free Cash Flow Mix 2026E Operating Adjusted EBITDA1,2 2026E Operating Free Cash Flow1,2 per share Americas – 35% Americas – 48% International – 65% International – 52% Offshore Spain Onshore3 NA Onshore3 BESS Gas Utility 1. See
Slide 12: Global Headquarters and Contact Information
Global Headquarters 30 St. Clair Avenue West, 3rd Floor Toronto, Ontario, Canada M4V 3A1 +1 (416) 962-6262 Contact Information Alison Holditch,, Head of Investor Relations +1 (416) 989-8734 investorrelations@northlandpower.com www.northlandpower.com TSX:NPI
Slide 13: Creating value that lasts
Creating value that lasts Investor Presentation | September 2026
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