Northland Power Reports on the 2023 Annual Meeting

TORONTO, May 18, 2023 (GLOBE NEWSWIRE) — Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today announced the results of the election of Directors at its Annual Meeting (“the Meeting”) held on May 18, 2023, in a virtual-only meeting format.

The total number of voting shares represented by shareholders present electronically and by proxy at the Meeting was 162,537,272, representing 64.51% of Northland’s outstanding voting shares.

The nine nominees proposed by Management for election as Directors were elected. Information on each of the Director Nominees is contained in Northland’s Management Information Circular dated April 10, 2023, which is available on the company’s website at

The votes received were as follows:

Nominee Votes For Percent Withheld Percent
John W. Brace 155,959,763 96.45% 5,735,227 3.55%
Linda L. Bertoldi 160,960,170 99.55% 734,820 0.45%
Lisa Colnett 155,010,377 95.87% 6,684,613 4.13%
Kevin Glass 155,153,311 95.95% 6,541,679 4.05%
Russell Goodman 159,031,490 98.35% 2,663,500 1.65%
Keith Halbert 159,079,349 98.38% 2,615,641 1.62%
Helen Mallovy Hicks 157,615,564 97.48% 4,079,426 2.52%
Ian Pearce 141,525,062 87.53% 20,169,928 12.47%
Eckhardt Ruemmler 156,963,864 97.07% 4,731,126 2.93%

The Board of Directors accordingly fixed the number of Directors to be elected at nine and the election proceeded on that basis.

The Appointment of Ernst & Young LLP to serve as the independent auditors of Northland, and setting of their remuneration, until the next annual meeting was approved.   Votes received were as follows:

Votes For Percent Withheld Percent
124,573,674 76.64% 37,963,598 23.36%

Northland’s approach to executive compensation was accepted. Votes received were as follows:

Votes For Percent Against Percent
153,769,199 95.10% 7,925,190 4.90%


Northland Power is a global power producer dedicated to helping the clean energy transition by producing electricity from clean renewable resources. Founded in 1987, Northland has a long history of developing, building, owning and operating clean and green power infrastructure assets and is a global leader in offshore wind. In addition, Northland owns and manages a diversified generation mix including onshore renewables, efficient natural gas energy, as well as supplying energy through a regulated utility.

Headquartered in Toronto, Canada, with global offices in eight countries, Northland owns or has an economic interest in 3.0 GW (net 2.6 GW) of operating capacity. The Company also has a significant inventory of projects in construction and in various stages of development encompassing over 20 GW of potential capacity.

Publicly traded since 1997, Northland’s common shares, Series 1 and Series 2 preferred shares trade on the Toronto Stock Exchange under the symbols NPI, NPI.PR.A and NPI.PR.B, respectively.

For further information, please contact:

Mr. Wassem Khalil, Senior Director, Investor Relations
[email protected]

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