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Northland Power Inc T.NPI.PR.B


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

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, efficient 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 Mar 28, 2023 6:14pm
118 Views
Post# 35365657

Budget Analysis

Budget AnalysisA lot of details about investment tax credits in the Budget. Electricity demand expected to increase dramatically in Canada. Improvements in interprovincial, grid systems are being contemplated. The Atlantic Loop for example.
 
Key to Northland on the East coast. Maybe making hydrogen at sea would qualify and something Northland will consider. Simply the Federal Govt's mention of offshore wind is important to Northland and others. Policies/priority project status and money follow. Maybe also a 40% tax credit potential.

  • Create new investments in science-based activities to help capitalize on Canada's offshore wind potential, particularly off the coasts of Nova Scotia and Newfoundland and Labrador.

The Atlantic Loop

The federal government is committed to advancing the Atlantic Loop—a series of interprovincial transmission lines that will provide clean electricity among Quebec, New Brunswick, and Nova Scotia—and is currently negotiating with provinces and utilities to identify a clear path to deliver the project by 2030.

A Made-in-Canada Plan: Affordable Energy, Good Jobs, and a Growing Clean Economy - Canada.ca


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