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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 Dibah42on Aug 13, 2020 1:17pm
172 Views
Post# 31404170

Excellent CC

Excellent CCLike FTS it's always a pleasure to join the cc.  Good to hear of the return of DRIP with a 3% disc.

Maybe my spidey sense is acting up for nothing but is there a chance this company can be swooped up by some giant fund or other like maybe the CPP?  Am still chafing from the steal of Terranet!  
Recently NPI announced a new Exec V. Pres. in Wendy Franks.  Brilliant lady with a PhD in Engg from Switz. and a Masters in Engg from Waterloo.  But guess where she came from?  Yup CPP where she was incharge of Renewables.
Insiders hold a large chunk of this company and although the founding Chair sold a large amount I believe he still holds a lot.  What if he gets another urge to diversify? Hope I am wrong.
Cheers.
Bullboard Posts