|Bid||27.68 x 0|
|Ask||27.75 x 0|
|Day's Range||26.62 - 27.85|
|52 Week Range||20.52 - 33.16|
|Beta (5Y Monthly)||0.66|
|PE Ratio (TTM)||16.50|
|Earnings Date||Feb 24, 2020|
|Forward Dividend & Yield||1.20 (4.47%)|
|Ex-Dividend Date||Mar 29, 2020|
|1y Target Est||31.50|
TORONTO, March 31, 2020 -- Northland Power Inc. ("Northland") (TSX: NPI) confirmed today that its 252 megawatt (MW) Deutsche Bucht offshore wind project achieved full.
VANCOUVER, British Columbia, March 31, 2020 -- NaiKun Wind Energy Group Inc. (TSX-V: NKW) (the “Company” or “NaiKun”) wishes to provide additional details regarding the.
Northland Power Inc. ("Northland" or the "Company") (NPI.TO) provides an update on the coronavirus ("COVID-19") pandemic’s impacts on its operations. From a financial perspective, Northland has ample liquidity, a strong balance sheet and given the relative stability of its revenue and free cash flow profile, the Company currently does not anticipate changes to its 2020 financial guidance as a result of COVID-19. In response to the outbreak of COVID-19, Northland activated its crisis response plans at all of its sites and offices around the world.
Upon successful completion of the Transaction, Northland will be responsible for all aspects of the Project’s development. The Transaction will occur by way of the Company selling Northland a 100% interest in its wholly owned subsidiary, NaiKun Wind Development Inc.
It might be of some concern to shareholders to see the Northland Power Inc. (TSE:NPI) share price down 17% in the last...
Northland Power Inc. ("Northland") (NPI.TO) today is providing an update regarding the installation of the two turbines utilizing mono bucket foundations ("Demonstrator Project") at its Deutsche Bucht offshore wind project. As announced on February 25, 2020, the installation of the Demonstrator Project was paused in the fourth quarter of 2019 following the identification of technical issues. Due to the timing issues associated with the technical review, among other considerations, Northland has elected to permanently forego the installation of the Demonstrator Project.
TORONTO, March 09, 2020 -- Northland Power Inc. (“Northland”) (TSX: NPI) is pleased to announce the appointment of Pauline Alimchandani as Chief Financial Officer (CFO),.
Northland Power Inc. (“Northland” or the “Company”) (NPI.TO) today reported financial results for the three months and year ended December 31, 2019. “Our fourth quarter and full year 2019 results reflect another strong year for Northland, highlighted by expansion into Latin America through our first solar power project in Mexico and the acquisition of our first regulated utility in Colombia,” noted Mike Crawley, President and Chief Executive Officer of Northland. Sales increased 7% to $1,659 million from $1,556 million in 2018 and gross profit increased 7% to $1,543 million from $1,441 million primarily due to pre-completion revenues at Deutsche Bucht and higher overall production at all the operating facilities.
Northland Power Inc. ("Northland") (NPI.TO) announces the signing of an agreement to acquire Dado Ocean Wind Farm Co., Ltd. (“Dado Ocean”), a development company with multiple early stage offshore wind development sites near Chodo Island, off the south coast of South Korea. Dado Ocean is currently owned by Mr. Eui Jeong Hwang, an experienced wind power developer who will continue to support the project as a local partner, working together with Northland to achieve key milestones for the project. It is anticipated that South Korea’s installed capacity will more than double by 2050, with renewables accounting for approximately 59% compared to 8% in 20181.
TORONTO, Jan. 22, 2020 -- Northland Power Inc. (“Northland”) (TSX: NPI) announces it will release its 2019 fourth quarter financial results after market close on Tuesday,.
Northland Power Inc. (“Northland”) (NPI.TO) today confirms the successful completion of its previously announced acquisition of a 99.2% interest in the Colombian regulated utility Empresa de Energía de Boyacá (“EBSA”) from Fondo de Capital Privado de Infraestructura Brookfield Colombia and BCIF Holdings Colombia II S.A.S. (collectively, “Brookfield Infrastructure”) (the “Acquisition”). The Acquisition was subject to customary working capital adjustments and other closing conditions, including the receipt of approval of EBSA’s proposed tariff (the “Tariff Resolution”) by local regulators. The share purchase agreement with Brookfield Infrastructure, also included a provision for a purchase price adjustment in the event of a deviation from the proposed tariff.
Northland Power Inc. ("Northland") (NPI.TO) announces that John W. Brace, a current Director of Northland has been named Chair of the Board effective immediately. James C. Temerty has stepped down as Chair but will continue to serve as a Director of the company. Mr. Temerty has led the company since its inception in 1987 and was instrumental in shaping Northland as it grew from a start-up Canadian Power Producer to a global player in the renewable power sector.
Northland Power Inc. (“Northland”) (NPI.TO) announces that the Toronto Stock Exchange (“TSX”) has accepted its notice of intention to renew its normal course issuer bid (“NCIB”) commencing December 17, 2019 and ending December 16, 2020. Northland Power believes that in the event the market price of its common shares (“Common Shares”) trade in a price range that does not fully reflect their inherent value, the acquisition of the Common Shares may represent an appropriate use of available funds. Pursuant to the NCIB, Northland may purchase for cancellation up to 8,000,000 of its Common Shares representing approximately 4.5% of Northland’s issued and outstanding Common Shares (calculated in accordance with the rules of the TSX).
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TORONTO, Nov. 18, 2019 -- Northland Power Inc. ("Northland") (TSX: NPI) announces the signing of an agreement with Shizen Energy Inc. (“Shizen Energy”) to jointly establish.
TORONTO, Nov. 06, 2019 -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today reported financial results for the three and nine months ended September 30,.
TORONTO, Oct. 09, 2019 -- Northland Power Inc. (“Northland”) (TSX: NPI) announces it will release its 2019 third quarter financial results after market close on November 6,.
TORONTO, Sept. 18, 2019 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland”) (NPI.TO) is pleased to report the closing of its previously announced bought deal offering (the "Offering") of subscription receipts ("Subscription Receipts"). A total of 14,289,000 Subscription Receipts, including 1,299,000 Subscription Receipts issued pursuant to the exercise in full by the Underwriters of their over-allotment option, were sold at an offering price of $24.25 per Subscription Receipt (the “Offering Price”) for aggregate gross proceeds of $346,508,250.