Northland Power raised its EBITDA 9% in the third quarter of 2026

FinanceInternationalInspenetNov 13, 2026, 12:58 PMAI summary

Northland Power reported adjusted EBITDA of CAD 279.6 million between July and September 2026, 9% more than the CAD 257 million in the same period of 2025. Power sales revenue rose to CAD 564.6 million and net income was CAD 201.1 million, compared with a loss of CAD 455.8 million a year earlier. The company completed turbine installation at the Hai Long and Baltic Power offshore wind farms and brought the Jurassic BESS storage project in Alberta into commercial operation.

In 40 seconds

Adjusted EBITDA of CAD 279.6 million in the third quarter of 2026, up 9% year on year
Net income of CAD 201.1 million, versus a CAD 455.8 million loss in 2025 driven by a CAD 526.5 million non-cash impairment
Hai Long (1 GW, Taiwan) and Baltic Power (1.1 GW, Poland) completed turbine installation and contributed CAD 35 million to EBITDA

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Northland Power
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almacenamiento
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Northland Power raised its EBITDA 9% in the third quarter of 2026

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