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Northland Power Inc 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, efficient 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 Karl63on Apr 11, 2022 2:07pm
77 Views
Post# 34594396

RE:RE:RE:The chickens have come home to roost

RE:RE:RE:The chickens have come home to roostI don't think anybody buys a renewable as a bond proxie, there are better companies out there for that, including conventional utilities and telecoms (which aren't doing too badly today).  I'm not sure why the renewables are having a bad day, but I never try to question the short term logic of the stock market - that's a losing proposition.  It could be as simple as the renewable crowd being very conservative, and conservative people often bolt prematurely causing a snowball effect.  Regardless, I bought in a short while ago at $40.03 and I'll hold that for a long, long time.
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