03:36 PM EST - Northland Power Inc. : announced the closing of the previously-announced bought deal offering of 13,750,000 of common shares at a price of $16.00 per Common Share, representing $220,000,000 of gross proceeds. The underwriters have exercised their over-allotment option in full in respect of the Offering, bringing the total number of Common Shares issued to 14,437,500 and the total proceeds to $231,000,000. Northland Power Inc.
shares T.NPI are trading down $0.16 at $16.78.