Northland Power Q2 2026 adjusted EBITDA rises on Hai Long pre-completion revenue, offsetting weaker offshore wind output

Reuters2026/08/13 23:21

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Northland Power posted Q2 2026 net loss of CAD 53,514,000, little changed year-on-year, despite higher Adjusted EBITDA of CAD 258,880,000.
Adjusted EBITDA rose on pre-completion contribution from Hai Long, stronger results at EBSA and natural gas, improved Oneida storage contribution.
Offshore wind weighed on results, reflecting weaker wind resource and Nordsee One’s stepped-down subsidy price, with lower Q2 production.
Free Cash Flow fell to CAD 22,573,000 from CAD 58,444,000, driven by higher current taxes and weaker hedge settlements.
Management kept 2026 outlook unchanged, forecasting Adjusted EBITDA of CAD 1.45 billion to CAD 1.65 billion, 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 August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Northland Power Q2 2026 adjusted EBITDA rises on Hai Long pre-completion revenue, offsetting weaker offshore wind output

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