Northland Power: Justified Gain Expectations

CharlieChesvick/E+ via Getty Images Northland Power Inc. (TSX:NPI:CA) (OTCPK:NPIFF) is one of the world’s largest Independent Power Producers. If interested in the world of renewables, here are links to my recent articles on TransAlta (TAC), Sunnova (NOVA), Innergex (INE:CA) and Enlight Renewable Energy (ENLT). NPI is a Canadian company, whose main business is offshore wind power generation, with also diversified portfolio including on-shore wind, photovoltaic, and gas-fired plants, for a gross operating capacity of 3.4 GW. It achieved excellent results in terms of OCF generation between FY20 and FY22, allowing it to lower its net debt in view of the…