Northland Power Inc (Ontario) T.NPI.PR.B

Primary Symbol: T.NPI Alternate Symbol(s): NPIFF | T.NPI.PR.A | NPICF

Utilities Utilities - Independent Power Producers

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.

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Northland Power Inc (Ontario)

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Post by BayWallon Dec 13, 2023 4:36pm

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Post# 35783129

All renewable energy developers had a big day.

Looks like interest rates will be coming down next year---

Also in the Fed's release was the central bank's Summary of Economic Projections, which includes central bankers projections for interest rates next year. The Fed now sees 75 basis points of rate cuts coming in 2024, which accounts for one more rate cut than had been projected in September. (Yahoo finance Dec 13, 2023)

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