MW Coast Mountain Power Corp

Northland Power Income Fund
("Northland")(TSX:NPI.UN)(TSX:NPP.PR.A)(TSX:NPI.DB)(TSX:NPI.DB.A) announced
today that Investissement Quebec has agreed to lend $15 million to the
construction of Northland's 100 MW wind farm located in the Gaspesie region of
Quebec near the Municipality of Mont Louis, about 150 km east of Matane. The
project was awarded a contract in 2004 to supply power to Hydro-Quebec under a
20 year Power Purchase Agreement.


Site clearing began in early July and the project is expected to achieve
commercial operations in the third quarter of 2011, subject to completion of the
project's interconnection facilities by Hydro-Quebec.


The total cost of the project is expected to be $176 million. Northland
anticipates raising approximately $120 million of debt financing for the
project, including the $15 million from Investissement Quebec.


"We are very grateful for the encouragement and assistance we have received from
Hydro-Quebec and the government of Quebec, especially Investissement Quebec and
the Ministere des Ressources Naturelles et de la Faune throughout the
development process," said John Brace, CEO of Northland. "We overcame several
challenges in getting to this stage and the support of Investissement Quebec has
been instrumental in allowing this project to proceed." 


ABOUT NORTHLAND

Northland is a Canadian income trust that has ownership or economic interests in
10 power projects totaling over 1,100 megawatts ("MW") (net 872 MW). Northland's
assets comprise natural-gas-fired plants which efficiently and cleanly produce
electricity and steam as well as facilities generating renewable energy from
wind and biomass. Sales are made almost entirely under long-term contracts with
a current average duration of 13 years. Northland's plants are located in
Canada, the United States and Germany. In addition, Northland has the 86 MW Spy
Hill project, 260 MW North Battleford project and 216 MW of wind, solar and
run-of-river hydro projects awarded under the Ontario Power Authority's
Feed-in-Tariff program in advanced stages of development. Northland also has a
diverse development portfolio of high-quality 'Clean and Green' energy projects,
including wind, solar, natural gas, and hydro assets that supports its strategy
of sustainable growth primarily through internally developed opportunities. The
Fund's trust units, preferred shares and two series of convertible debentures,
which trade on the Toronto Stock Exchange under the symbols NPI.UN, NPP.PR.A,
NPI.DB, NPI.DB.A respectively, are qualified investments for RRSPs and DPSPs
under the Canadian Income Tax Act. The Fund has in place a distribution
re-investment plan that allows Unitholders who are residents of Canada to
automatically have their monthly cash distributions reinvested in additional
units. Participants do not pay any costs associated with the plan, including
brokerage commissions. For further information or to join the plan, contact your
financial advisor or broker.

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