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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 tony08on Aug 11, 2023 11:20pm
168 Views
Post# 35584997

RE:what a disaster

RE:what a disaster
For those who invest for the long term, while benefiting from a good dividend, these results, although disappointing, may represent a good buying opportunity for a quality stock at a low price.
 
Once complete, the new projects are expected to materially enhance all of Northland’s key financial metrics for the next 20 to 30 years....Those who show patience will surely be rewarded.
 
Without forgetting that in the meantime the CEO re-affirms the lower end of Adjusted EBITDA, Adjusted Free Cash Flow and Free Cash Flow guidance range for 2023......Despite the impact of the recent regulatory changes in Spain.
 
Is there any reason to panic?
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