Attractive and sustainable returns
Northland Power Income Fund units have produced average returns of more than 11% since 1997, outperforming the TSX. This performance reflects steady growth in sales and net income. Unitholder returns for the most recent fiscal year continued past performance.
Northland management is committed to sustained investor distributions, regardless of structural changes that may result from new tax rules for income trusts.
Northland has a robust portfolio of new development projects. We will pursue only projects that will grow unit holder value. We will manage both construction and operations closely. Unlike several competitors, we have declined unprofitable growth opportunities, and we will continue to do so.
We believe Northland is a good investment for at least 3 additional reasons: