Northland Power Q2 FY26 adjusted EBITDA rises 6% to C$259 million; revenue from energy sales totals C$510 million
Reuters2026/08/12 22:56- Northland Power posted Q2 net loss of CAD 54 million, little changed year over year; revenue from energy sales was CAD 510 million.
- Adjusted EBITDA (non-IFRS) rose 6% to CAD 259 million; free cash flow per share (non-IFRS) fell to CAD 0.09 from CAD 0.22.
- Cash provided by operating activities dropped to CAD 170 million from CAD 451 million, on a one-time German trade tax refund in 2025.
- Commercial availability across the fleet was 96%; European offshore wind resource was low, leaving year-to-date generation in line with historical averages.
- Baltic Power hit first power; guidance reaffirmed for adjusted EBITDA (non-IFRS) of CAD 1.45 billion–CAD 1.65 billion.
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