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Northland Power shares increased by nearly 8% following the release of higher-than-expected 2026 profit guidance, projecting adjusted EBITDA of $1.45 billion to $1.65 billion. The company's revenue growth was driven by record offshore wind generation in Germany and a new battery energy storage facility in Ontario. Northland plans to double its gross operating capacity to seven gigawatts by 2030, with a total gross investment of $5.8 billion to $6.6 billion over five years.