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


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

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

Post by BayWallon Jun 07, 2024 10:25am
108 Views
Post# 36077423

My take....

My take....My take, based on the last post---Today's stock price target revisions are due to interest rate changes or anticipation thereof. In Canada rates dropped this week, so it looked good for a while.

But today, BLX, CPX, INE NPI all down. Because today's news that in the US employment is up. So delay in lowering interest rates. Who knows, maybe even go  up.

Renewable energy developers go down because of the debt load they have. Definately need a long term investment horizon with these stocks.

Saying the above, nice recent run ups in all renewable stocks, on earning  numbers (Iwhere it counts), rather than interest rate speculation fluctuations.
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