Deal snapshot: Northland Power Acquires 49% Interest in Poland's Baltic Power Offshore Wind Project.

MANews-(C)2009-2021

Canada-based power producer Northland Power Inc. (TSX: NPI) has agreed to acquire a 49% interest in the Baltic Power offshore wind project in the Baltic Sea from Poland-based PKN ORLEN S.A. to grow offshore wind market in Central Europe, the company said.

Inclusive of the purchase price, Northland expects to invest approximately PLN 290m (CDN 100m) (USD 78m) towards...

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