Developer profile

Northland Power

Toronto, Canada

About

as of 2026-10

A Canadian power producer, headquartered in Toronto and listed on the Toronto Stock Exchange, that owns and operates offshore and onshore wind, solar, natural gas and battery storage, and also supplies energy through a regulated utility in Colombia. Its operating offshore wind is in the North Sea: Gemini in the Netherlands, and Nordsee One and Deutsche Bucht in Germany. It builds its newer offshore projects with partners: Baltic Power in Poland, 49% owned beside ORLEN, and Hai Long in Taiwan, where it holds 31% beside Gentari, Mitsui and Enterprize Energy. The company describes its business as anchored by long-term contracted cash flows, and its offshore farms sell under government support schemes or long-term power contracts rather than at market prices alone. That cover is dated: the support on its three North Sea farms expires between 2027 and 2032.

Outlook

as of 2026-10
A stated target for 2030, the return discipline, Hafrok's strategic read and 4 public statements on record. For registered readers · register below ↓

Portfolio

7 held · live stages first, exits last
Operational · 0.90 GW (3)Under Construction · 0.87 GW (3)Cancelled · 0.50 GW (1)

Capacity is net of ownership stake: a 50% JV counts half. Gross exposure (full nameplate of every project held): 3.35 GW.

ProjectCountryStageMWStakeNet MW
Gemini Netherlands Operational 600 60% 360
Nordsee One Germany Operational 332 85% 282
Deutsche Bucht Germany Operational 260 100% 260
Baltic Power Poland Under Construction 1140 49% 559
Hai Long 2↓ farmed down Taiwan Under Construction 518 30.6% 159
Hai Long 3↓ farmed down Taiwan Under Construction 504 30.6% 154
CanWind Taiwan Cancelled 500 100% 500

Divested & farmed down

every recorded sale by this developer · newest first
AnnouncedProject / portfolioTypeStake sold€mBuyer
2022-12 Hai Long 2 farmdown — 282 Gentari International Renewables
2022-12 Hai Long 3 farmdown — 274 Gentari International Renewables

Ownership history comes from the transaction database; the portfolio above is the current snapshot only. "Joint" stakes are the consortium total (per-seller split not disclosed) and are excluded from the stake-weighted GW figure.

Early access

Follow the offshore wind projects that matter to you.

Hafrok's data and analysis. Free while in early access.

  • The data, in full: the project database as an Excel workbook, Hafrok's expected delivery outlook on every project still to build, the full project records, the transaction database and the developer profiles
  • Hafrok Monitor: follow projects, developers or countries, and Hafrok Monitor mails you what moved on your list, with the source and the date: every Monday morning, or as it happens
  • Hafrok Commentary: analysis of the offshore wind market, when there is something to say
Register, free.

Name and email, no password. Everything listed here opens across the site.

Registering includes news on the projects you follow (Hafrok Monitor), notices about your account, and the occasional question from me about how Hafrok works for you. Switch the Monitor off on your account page, or unsubscribe from any mail with one click. Privacy.