Northland Power Inc (Ontario) T.NPI

Alternate Symbol(s): NPIFF | 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.

TSX:NPI - Post by User

Northland Power Inc (Ontario)

<< Previous

Bullboard Posts

Next >>

Post by BayWallon Nov 13, 2024 5:29pm

117 Views

Post# 36311261

More stuff from Motley Fool

Since Northland Power is also suffering from the bear market phase that has gripped most of the renewable market, the stock is heavily discounted (over 60% from its five-year peak) and quite overvalued.

But it’s one of the few that didn’t buckle down and slash its payouts and is currently offering dividends at a 5.9% yield.

Its debt is also modest compared to its market value.

<< Previous

Bullboard Posts

Next >>

Debt-free cannabis company set for next stage of growth