Post by
BayWall on Nov 10, 2023 4:27am
At least one good move. Stay focused on core business.
In the third quarter of 2023, Northland wound down its nascent Hydrogen business unit and its Executive Vice President to concentrate its resources and capital to its core business units (onshore renewables, offshore wind, and efficient natural gas & utilities). Northland will continue to evaluate hydrogen and renewable fuels opportunities in the future that have the potential to optimize the Company’s existing operating facilities and development projects, and as such will no longer show standalone hydrogen related opportunities in its development projects pipeline.