Northland Power Inc., founded in 1987 and headquartered in Toronto, Canada, is a renewable energy infrastructure developer and operator. The company's primary focus is on generating clean energy from various sources, including wind, solar, and natural gas facilities.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NPICN 9.25% 2083-06-30 CADNorthland Power Inc. | Canada | 2083-06-30 | 9.250 | 8.38 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Northland Power has been active in the bond market since 2014, when it first issued senior unsecured debentures to enhance its capital structure. Notably, in 2020, Northland issued a $400 million green bond, aimed at financing environmentally friendly projects, with a competitive yield that has remained attractive compared to industry peers. As of 2023, the company's bonds exhibit yields around 4.5%, reflecting strong demand among investors for sustainable financing options, further underscored by their commitment to environmental, social, and governance (ESG) principles.