Northland Power Inc (Ontario) NPIFF

Primary Symbol: T.NPI Alternate Symbol(s): T.NPI.PR.A | T.NPI.PR.B | 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) > Wondering

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Comment by BayWallon Jan 13, 2024 4:31pm

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Post# 35825354

RE:Wondering

This is how it reads--Oceanic Wind Energy has successfully negotiated the return of the development rights of the Hecate Strait project. Oceanic signed agreements with two of Northland Power Inc. wholly owned subsidiaries that place Oceanic in the lead role in project development.

(I assume that if NPI wanted to give back the rights, then why negotiate).

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