Operator

Welcome to the Northland Power Conference Call to discuss the first quarter 2026 results. As a reminder, this call is being recorded on Thursday, May 14, 2026, at 10:00 a.m. Eastern. Present for this call are Christine Healy, President and CEO; Jeff Hart, Chief Financial Officer; and Adam Beaumont, Head of Capital Markets.

Before we begin, Northland's management has asked me to remind listeners that all figures presented during today's call are in Canadian dollars and to caution that certain information presented and responses to questions may contain forward-looking statements that include assumptions and are subject to various risks. Actual results may differ materially from management's expected or forecasted results. Please read the forward-looking statements section in yesterday's news release announcing Northland Power's results and be guided by its contents when making investment decisions or recommendations. The release is available at www.northlandpower.com. I will now turn the call over to Ms. Christine Healy. Please go ahead.

Christine Healy
President, CEO & Director

Thank you, and good morning, everyone. Thanks for joining us. I'd like to begin with a few perspectives on the broader macro environment that's shaping our business and the energy sector overall. Recent geopolitical developments reinforce the importance of energy security for governments, businesses and consumers. We're operating in a dynamic global environment, where evolving market fundamentals underscore the need for resilient and flexible energy systems. Across markets, we see a clear and consistent theme, tightening supply and