RE:wow the results are very promisingfruitfly2 wrote: nothing but up from here...gemini has 138 turbines up, with 105 producing power...at this rate we should see gemini fully up and producing power (154 turbines) by the end of the next quarter...the off shore power is certainly increasing revenue.
correct me if I am wrong, but with a full years production (gemini off shore) npi could see sales in excess of $1 billion...and dont forget they have we will see more off shore production as nordsee comes on-line.
I have held and purchased npi for over 4 years...very nice to see them executing their plan!
good luck to all.
https://www.northlandpower.ca/Investor-Centre/News--Events/Recent_Press_Releases.aspx?MwID=2078182
Sorry I misread your post. You are correct. The two offshore wind projects will add EBITDA of about $600 million. So when these two projects enter commercial service EBITDA will be over $1 billion.