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Northland Power Inc (Ontario) T.NPI

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

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

Post by fruitfly2on May 10, 2017 7:27am
124 Views
Post# 26224543

I have said it before and I will say it again..NPI is a gem!

I have said it before and I will say it again..NPI is a gem!My original purchase in NPI was maybe 7 years ago ($16/share range), and shortly therafter NPI dropped as the market didnt like their agressive debt payback/risk of construction/etc...I continued to hold as the dividend was good, with the mindset that NPI was doing the right thing (re paying down debt, and going into renewable/green energy).

Now today I look at their financials and I am so glad I hung on and added more shares over that last 7 years)...NPI is so strong and profitable now!

Based on their current financials and their Debu purchase (additional 252 MW), any potential buy for NPI will be north of $35/share imho.

I believe today and the coming weeks we will see many large instituions taking a position, should the price not run too high.

In any event good luck to all.
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