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Northland Power Inc (Ontario) T.NPI

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

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

Comment by rustybladeson Aug 10, 2016 10:04pm
142 Views
Post# 25129117

RE:wow the results are very promising

RE:wow the results are very promising
fruitfly2 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.
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