Northland Power Income Fund

Northland Power Income Fund

June 18, 2009 19:01 ET

Northland Power Income Fund Extends Voting Deadline for NPI Merger Approval

TORONTO, ONTARIO--(Marketwire - June 18, 2009) - Northland Power Income Fund (the "Fund") (TSX:NPI.UN)(TSX:NPI.DB) announced today that the deadline for voting for the Annual and Special Meeting of Unitholders has been extended to midnight on Friday, June 19, 2009. This extension provides more time for Fund Unitholders to vote their proxies relating to the proposed merger of the Fund and Northland Power Inc. (NPI) and related transactions.

The Annual and Special Meeting of Unitholders will take place at 11:00 a.m. on Monday, June 22, 2009 at the TSX Conference Centre, Exchange Tower, 130 King Street West, Toronto.

Voting is quick and simple. Due to the limited time available, Unitholders are advised to vote by internet at To ensure that your vote is counted, your proxy must be received by the extended voting deadline of midnight on Friday June 19th.

Unitholders can obtain more information about the transactions, the Fund and NPI by reviewing the Management Information Circular or visiting For information about voting, unitholders are invited to contact the Fund's proxy solicitation agent, Georgeson, at the number provided below.

About the Fund

Northland Power Income Fund is a Canadian income trust that indirectly owns equity interests in six power projects, which efficiently and cleanly produce electricity and steam for sale under long-term contracts. The Fund's natural-gas-fired power plants and wind farms are located in Canada, the United States and Germany.

The Fund's Units and convertible debentures trade on the Toronto Stock Exchange under the symbols NPI.UN and NPI.DB respectively.

About NPI

Northland Power Inc. is a privately owned, Canadian developer, operator and owner of power plants. NPI has 459 megawatts of generating projects in operation or under construction and more than 3,600 megawatts in development.

Forward-Looking Statements

This News Release contains certain forward looking statements with respect to the Fund, NPI and entities and assets that they respectively own or have an interest in, directly or indirectly, based on assumptions that management considered reasonable at the time they were prepared. These forward looking statements, by their nature, necessarily involve risks and uncertainties that could cause actual results to differ materially from those contemplated by the forward looking statements. Some of the factors that could cause results or events to differ from current expectations include, but are not limited to, the factors described in the "Management's Discussion and Analysis" of the Fund's 2008 Annual Report and under "Risk Factors" of the Management Information Circular dated May 1, 2009.

Contact Information

  • Northland Power Income Fund
    A.F. (Tony) Anderson
    Chief Financial Officer
    (416) 962-6262 x 120
    Northland Power Income Fund
    Boris Balan
    Director, Communications & Business Development
    (416) 962-6262 x 116
    (North American Toll-Free)