RE:Equity dilution
When I look at the "2023 financial guidance" issued at the beginning of February I see no mention of catastrophic dilution.....
"Rolex" can you tell us where you got this information from, is it factual??
Here is a very short summary of what management realy said:
In 2022, inflation, supply chain constraints and rising interest rates affected the global renewables sector. For Northland, the impact was felt on its most advanced projects.
Northland expects to contract at a higher price than had been assumed prior to the European energy crisis; The Company continues to look for opportunities to optimize returns and manage risk and despite these higher costs, believes the actions taken in combination with other offsets, including sell-downs, WILL KEEP OVERALL AVERAGE RETURNS FOR ITS OFFSHORE WIND PORTFOLIO IN THE TARGETED RANGES.