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| Home : Northland Power Tops Up Majority Equity Stake in 600 MW North Sea Offshore Wind Farm to 60% |
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Jan 30
2014 |
Northland Power Tops Up Majority Equity Stake in 600 MW North Sea Offshore Wind Farm to 60% |
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TORONTO, ONTARIO--(Marketwired - Jan. 29, 2014) - Northland Power Inc. ("Northland") (TSX:NPI)(TSX:NPI.DB.A)(TSX:NPI.PR.A)(TSX:NPI.PR.C) today announced it has entered into agreements for the rights to acquire Typhoon Offshore B.V.'s 5% interest in Gemini, a 600MW offshore wind project currently in advanced development. Subject to final documentation and the approval of its Board, this would top up Northland's intended majority equity stake in Gemini to 60%. |
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| Source:http://www.marketwired.com/mw/release.do?id=1873919&sourceType=3 |
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