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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 Feb 24, 2023 11:14am
97 Views
Post# 35303397

RE:RE:Free Cash Flow Declines Reason for Concern?

RE:RE:Free Cash Flow Declines Reason for Concern?Looks like the stock is flat. Interest rates continue to go up today. US 10 year treasury nearing 4%, last time this was in 2007, before the meltdown of stocks.

Webcast today, mostly what was covered already on Investor's Day.

Northland will continue to hold onto natural gas facilities in Ontario and Sask as the demand for electricity is great. So no selling of these assets in the foreseeable future.

With no new revenue income for until maybe 2025 or 2026, staying the coarse with prudent cost and risk management is the road the company will follow.

Maybe boring to some investors. If interest rates fall, then logical to think the stock will respond.

Increased free cash flow is the next best thing. Then there's always news about which projects in the pipeline will get the green light.
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