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Northland Power Inc T.NPI

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

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 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. It operates both onshore and offshore wind facilities in Canada and Europe, with a total annual production of more than 5,000 GWh. It has about 13 ground-mounted solar projects in Canada. The Company’s natural gas facilities use turbines to produce electricity. The Company also has an inventory of projects under construction and in various stages of development encompassing over 15GW of potential capacity.


TSX:NPI - Post by User

Northland Power Inc
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Post by BayWallon Oct 12, 2022 5:26am
795 Views
Post# 35018834

Waiting and wondering

Waiting and wondering
It's been a sharp drop in renewable energy stocks. Interest rates going up is the key driver. I would like to see NVI indicator turning up. Lower prices should attract buyers wishing to add to their positions. I can't see anything to that effect at the moment.
 
Two investors will look at the same chart or economic data and arrive at different conclusions.
 
Stock market inflows hit near-records last week suggesting that investors think the bottom is in, Bank of America says (yahoo.com)

Getting ideas, future plans and participation from all levels for renewable energy development is key.

Some say offshore wind power from US East coast may eventually find its way to Canada. Hydro Quebec may export less as a result. Could hydro be used to bvack-up offshore wind in Canada's east coast and help in producing green hydrogen. The Atlantic loop idea
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