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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 Apr 21, 2023 9:26am
106 Views
Post# 35406902

RE:ATB

RE:ATB
Looking at the consensus stock price target of $44.87, there's been a disconnect for some time now for Northland. I read some-place that these price targets are into the future and not immediate in horizon.

Do the stock analysts, when establishing their targets, account for further stock dilution going into the future?

Also do they assume that current stock price targets would involve two future projects: Baltic Power and the North Sea Cluster.

For Northland their share would be 1400GW or about 50% of current operations. This will make a big impact on the income statement. Over 3 million households will be serviced from these windfarms.


Baltic Power in Poland and the German North Sea cluster, both large projects not coming on stream until 2026-2028. After the planned completion of construction in 2026, the Baltic Power offshore wind farm is expected to be able to supply more than 1.5 million households with clean energy.
 
RWE and Northland Power sign Hellenic Cables as preferred supplier for the Nordseecluster

I would look at Lithuania also, as they wish to get off the Russian grid. Tenders soon out for offshore windfarms.
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