Bullboard - Stock Discussion Forum 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... see more

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Northland Power Inc (Ontario) > Northlands potential to attract larger company

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Post by Goldinvestor66 on Mar 29, 2022 12:05am

Northlands potential to attract larger company

A year or so ago there was talk about the potential for a larger company give northland a look, wonder if that's still the case? or we've got so much on the go now that they aren't seeking it. I think they should branch out into the North American market more with projects. Long term here is good value no matter what as we wait for renewables to pick back up in the future.

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Comment by Dibah420 on Mar 29, 2022 1:34am

Yes, more than a year ago the company had put out feelers for a possible sale. I think that had to do with the Founder/CEO/Chair Temerty wanting to do some estate planning/divestment because so much of his personal wealth was tied up in NPI shares. He found other means to achieve his goal. He ended up donating a quarter of a billion $$ in NPI shares to U of T from his portfolio ...more

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