Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Northland Power Inc (Ontario) T.NPI

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

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

TSX:NPI - Post Discussion

Northland Power Inc (Ontario) > Brookfield buys into Orsted's UK offshore windfarms 12.45%
View:
Post by BayWall on Nov 01, 2024 8:57am

Brookfield buys into Orsted's UK offshore windfarms 12.45%

Connor Teskey, chief executive officer of Brookfield Renewable and president of Brookfield Asset Management, said: "We are pleased to be partnering with Orsted to invest in four high-quality assets that are critical to supplying the U.K. with renewable power and supporting the country's decarbonization objectives. This is Brookfield's first investment in U.K. offshore wind, which will continue to be a critical part of the energy mix and to support the growing demand we see for clean energy."

The agreement includes a call option, providing Orsted with the opportunity, but no obligation, to repurchase the assets from Brookfield between two and seven years from the closing of the transaction at a preagreed price.

Comment by BayWall on Nov 01, 2024 9:01am
Both previous and this post, credit to: Canjex Publishing Ltd. Orsted has signed a partnership agreement with Brookfield Asset Management Ltd., its institutional partners, and its listed affiliate Brookfield Renewable Corp. and Brookfield Renewable Partners LP, which will acquire 12.45-per-cent minority stakes in four of Orsted's operational United Kingdom offshore wind farms: Hornsea 1 ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities