Northland Power Inc T.NPI

I told you so !!!!

[4CommonSense]

several times over the past 3-4 months -- but no --  the unrelenting continuation of  rationalizing terrible management  continued

[BayWall]

Sell the company. Too many unreliable revenue sources, including windfarms. Margins declining.  And why still bidding in Taiwan when Orsted can't make any money on new projects and backed out. Noticed auction rules are changing in other countries also, sometimes in mid stream.

[mnztr]

Its not at all surprising their earnings are down. Electricity prices in EU are tied to natural gas. For people to react like this is quite idiotic to be honest. But wow.. there goes a few K for me today. as for selling down projects, this makes perfect sense. They are good at the build out. An up and running project is worth a lot more then a project. So they moentize their expertise, mainatain

[4CommonSense]

Selling assets is far tooooo little and far toooooo late - it will not solve the problem. The only way out is to make a concerted effort to sell the company.  The acquisition of the Columbian power comapny is the tropedo that finally sunk the ship - a terrible  decision and clear demo of terrible managment and decision making  IMHO 

[Possibleidiot01]

I'm interested in why you feel the Columbian purchase was so terrible?

[4CommonSense]

cost $1 billion+   EBITA only $50 million thjis is the only disclosure  -- what about profit -  rate of return on this "investment"? Columbia is potically unstable -  what do you think the prospect for growth i the country are ?    Columbia is ubnstable politically - and the cost basically  broke NPI --- terrible investment -- you will also

[Possibleidiot01]

Personally , I don't have an opinion on Columbia which is why I asked. You may have a point .    Colombia Political stability index (-2.5 weak; 2.5 strong)  Latest value -0.91  Reference 2021  Measure points  Source The World Bank