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Bullboard - Stock Discussion Forum Northland Power Inc T.NPI.PR.B


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

Utilities Utilities - Independent Power Producers
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... see more

TSX:NPI - Post Discussion

Northland Power Inc > Market cap decline
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Post by BayWall on May 10, 2023 12:22pm

Market cap decline

Over a billion dollars market cap gone before I had finished my morning coffee.

In the call-in today there were questions about the Scotwind selldown. More selldowns coming to help finance new projects instead of using equity.

CEO says long term bullish on wind. Short term cautious.

That crossing of the 200 week moving average, at $35 was a forboding sign. Now I need another coffee to calm the jitters.
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