SOURCE: Northland Power Inc.

Northland Power Inc.

May 25, 2016 18:10 ET

Northland Power Reports on the 2016 Annual General Meeting

TORONTO, ON--(Marketwired - May 25, 2016) -  Northland Power Inc. ("Northland") (TSX: NPI) (TSX: NPI.PR.A) (TSX: NPI.PR.B) (TSX: NPI.PR.C) (TSX: NPI.DB.B) (TSX: NPI.DB.C) today announced the results of the election of directors at its Annual General Meeting ("the Meeting") held on May 25, 2016 in Toronto, Ontario.

The total number of voting shares represented by shareholders present in person and by proxy at the Meeting was 117,051,411, representing 68.31% of Northland's outstanding voting shares.

The six nominees proposed by management for election as directors were elected by a show of hands. Proxies were received as follows:

                 
Nominee   Votes For   Percent   Withheld   Percent
James C. Temerty, C.M.   97,562,220   83.54%   19,225,791   16.46%
The Right Honourable John N. Turner, Q.C.   115,348,617   98.77%   1,439,394   1.23%
Dr. Marie Bountrogianni   115,217,777   98.66%   1,570,234   1.34%
Linda L. Bertoldi   97,493,904   83.48%   19,294,107   16.52%
Barry Gilmour   115,497,819   98.90%   1,290,192   1.10%
Russell Goodman   115,182,142   98.62%   1,605,868   1.38%
                 

The Appointment of Ernst & Young LLP to serve as the independent auditors of Northland until the next annual meeting was approved by a show of hands. Proxies were received as follows:

             
Votes For   Percent   Withheld   Percent
115,607,735   98.77%   1,443,676   1.23%
             

ABOUT NORTHLAND

Northland is an independent power producer founded in 1987, and publicly traded since 1997. Northland develops, builds, owns and operates facilities that produce 'clean' (natural gas) and 'green' (wind, solar, and hydro) energy, providing sustainable long-term value to shareholders, stakeholders, and host communities.

The Company owns or has a net economic interest in 1,388 MW of operating generating capacity and 932 MW (642 MW net to Northland) of generating capacity under construction, including a 60% equity stake in Gemini, a 600 MW offshore wind project, and an 85% equity stake in Nordsee One, a 332 MW offshore wind project, both located in the North Sea.

Northland's cash flows are diversified over four geographically separate regions and regulatory jurisdictions in Canada and Europe.

Northland's common shares, Series 1, Series 2 and Series 3 preferred shares and Series B and Series C convertible debentures trade on the Toronto Stock Exchange under the symbols NPI, NPI.PR.A, NPI.PR.B, NPI.PR.C, NPI.DB.B, and NPI.DB.C, respectively.

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