|Bid||32.78 x 0|
|Ask||32.82 x 0|
|Day's Range||32.44 - 33.16|
|52 Week Range||22.90 - 33.16|
|Beta (5Y Monthly)||0.71|
|PE Ratio (TTM)||19.69|
|Earnings Date||Feb 24, 2020|
|Forward Dividend & Yield||1.20 (3.68%)|
|Ex-Dividend Date||Feb 26, 2020|
|1y Target Est||31.11|
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.
The wind energy industry is comprised of a small number of pure-play companies and is dominated by major players that operate their wind energy business as a division or a subsidiary, such as General Electric Co.
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.
Northland Power Inc. (“Northland”) (NPI.TO) today announced it entered into an agreement to purchase 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”) for COP 2,665 billion ($1.05 billion), including existing debt, and subject to certain purchase price adjustments following receipt of final approval of EBSA’s tariff by the Colombian energy and utility regulator. “The Acquisition builds on our presence in Latin America and gives us an entry point into Colombia, a target market with a stable economy, growing middle class, strong rule of law and ease and transparency of doing business” noted Mike Crawley, Northland’s President and Chief Executive Officer.
TORONTO, Aug. 07, 2019 -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today reported financial results for the three and six months ended June 30, 2019..