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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

Comment by BayWallon Dec 16, 2020 9:13pm
208 Views
Post# 32125311

RE:RE:anyone know why the big sell off today?

RE:RE:anyone know why the big sell off today?Other analysts like Travis Hoium say on Nov. 30th--Don't worry. The reality is that after a great November, the market is pulling back right now as investors take some profits, and that's a natural cycle in the market. So we shouldn't be surprised by the volatility. Long term, I think there are still a lot of tailwinds behind the renewable energy industry because costs have fallen far enough that it's competitive with fossil fuels. You can chalk up today's move to normal volatility in renewable energy, which is par for the course in this industry. Investors would be wise to ignore the day-to-day volatility and focus on the long-term trajectory of the industry, which is toward higher volumes and lower energy prices.
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