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Northland Power Inc T.NPI

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

Post by BayWallon Nov 10, 2023 4:27am
150 Views
Post# 35727693

At least one good move. Stay focused on core business.

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.
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