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Northland Power Inc (Ontario) T.NPI

Alternate Symbol(s):  T.NPI.PR.A | T.NPI.PR.B | 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 Indicatoron Aug 29, 2024 2:37pm
276 Views
Post# 36201665

IMHO - 3 day rule

IMHO - 3 day rule NPI was beginning to show signs of support around $21.50, and then this awful accident occured - traders/investors stepped out of the stock waiting to see where things land.

2 days of selling so far and decent amount of buyers have been stepping in.  3 day rule would suggest firming next week if company fundamentals remain intact.

I still hold my 1/3 position and will add when upswing is confirmed.

Heart goes out to those families who have lost a loved one.



 

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