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TORONTO - Northland Power Inc. (TSX:NPI), a renewable energy producer with a market capitalization of $4.2 billion and strong year-to-date returns of over 30%, announced changes to its Board of Directors following the retirement of John Brace and the appointment of Sébastien Clerc, effective September 5, 2025.
Brace, who stepped down as Chair at the company’s most recent Annual General Meeting, has now fully retired from the Board after 37 years with the company. Ian Pearce, the current Chair, acknowledged Brace’s contributions to Northland’s growth and success during his tenure. According to InvestingPro data, the company maintains a FAIR financial health score, supported by $1 billion in EBITDA over the last twelve months.
Clerc joins the Board with over 25 years of leadership experience in the energy and infrastructure sectors. From 2011 to 2024, he served as Chief Executive Officer of Voltalia, a Euronext-listed independent power producer specializing in renewable energy projects. Under his leadership, Voltalia completed its initial public offering and grew revenues from €11 million to over €550 million.
Prior to Voltalia, Clerc founded and led Natixis Environment & Infrastructure (now Mirova). He holds degrees in Economics, History, and Finance from French institutions.
Northland Power is a Canada-based global power producer with operations in offshore and onshore wind, solar, battery energy storage, and natural gas. The company owns or has an economic interest in 3.5 GW of gross operating generating capacity, with an additional 2.2 GW under construction.
The company’s shares trade on the Toronto Stock Exchange under the symbol NPI.
This article is based on a press release statement from Northland Power.
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