• Northland Power swung to net income of CAD 160.51 million, with revenue rising 16% to CAD 774.58 million.
• Operating income increased 20% to CAD 335.64 million, while net income attributable to shareholders climbed 33% to CAD 88.62 million.
• Adjusted EBITDA rose 18% to CAD 427.4 million; free cash flow increased 16% to CAD 182.03 million.
• Hai Long advanced turbine installation with 51 of 73 turbines installed and 32 generating power; Baltic Power reached 38 of 76 turbines installed, keeping both projects on track for 2027 and second-half 2026 commercial operations, respectively.
• 2026 outlook maintained for adjusted EBITDA of CAD 1.45 billion to CAD 1.65 billion, with free cash flow per share of CAD 1.05 to CAD 1.25.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Northland Power Inc. published the original content used to generate this news brief on May 13, 2026, and is solely responsible for the information contained therein.