Northland Power Income Fund (the Fund) indirectly owns interests in six power generating facilities. Three of these are natural-gas-fired combined-cycle power plants that produce electricity and steam for sale and three wind farms. Two wholly owned projects are in Ontario: the 120-megawatt Iroquois Falls facility and the 110-megawatt plant in Kingston. Through its 19% equity interest in Panda Energy Corp. (PEC) and loan to a PEC subsidiary, the Fund has an interest in the 230-megawatt Panda-Brandywine combined-cycle plant located outside Washington, D.C. The Fund has been administered by Northland Power Income Fund Management Inc. In July 2009, the Fund completed its merger with Northland Power Inc. (NPI).