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Northland Power Inc (Ontario) T.NPI.PR.B


Primary Symbol: T.NPI Alternate Symbol(s):  NPICF | NPIFF | T.NPI.PR.A

Northland Power Inc. is a Canada-based global power producer focused on helping the clean energy transition by producing electricity from clean renewable resources. The Company owns and manages a diversified generation mix, including onshore renewables, natural gas energy, as well as supplying energy through a regulated utility. Its facilities produce electricity from clean-burning natural gas and renewable resources such as wind and solar. The Company’s segments include offshore wind facilities, onshore renewable facilities, natural gas facilities, and utilities. The Company’s natural gas facilities use turbines to produce electricity. It owns or has an economic interest in approximately 3.4 GW (net 2.9 GW) of operating capacity. The Company also has an inventory of projects in construction and in various stages of development encompassing approximately 12 GW of potential capacity. It operates power infrastructure assets in Asia, Europe, Latin America, and North America.


TSX:NPI - Post by User

Post by BayWallon Feb 23, 2023 9:27am
110 Views
Post# 35300422

Choppy Waters

Choppy WatersI have been reading about Orsted. Phrases like "overhedging and ineffective hedges" contributed to their recent financial losses.

Writedown of windfarm assets in New York, area as higher costs, prompting changes to its earning projections.

Increasing interest rates and inflationary pressures forcing the company to renegotiate energy supply contracts signed a few years ago under different assumptions.

It's not only headwinds, but choppy waters all offshore windfarm developers will have to contend with. I guess it's part of the business. I hope Northland can navigate the choppy waters.


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