Real Assets
Northland Power, the Canadian renewables operator, announced the acquisition of the long-gestating but still early-stage NaiKun offshore wind project off the west coast of Canada — giving a dash of energy to the otherwise somnolent Canadian offshore wind market. Northland owns a range of generating assets across Canada but has made its biggest mark in recent years by investing in offshore wind projects in Europe and East Asia. On Monday, as part of a COVID-19-related update to investors, the company announced plans to acquire the NaiKun offshore wind project from its small but publicly listed developer, the NaiKun Wind Energy Group.

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