Earnings
July 22, 2018 - PWF
New! Power Financial Corporation- Q1-2018 Earnings and Price Target .....
July 21, 2018 - POW
New! Power Corporation of Canada Q1-2018 Earnings and Price Target .....
July 19, 2018 - GWO
Great-West Lifeco Inc. Q1-2018 Earnings & Price Target .....
July 18, 2018 - SLF
Sun Life Financial Inc. Q1-2018 Earings & Price Target .....
July 17, 2018 - MFC
Manulife Financial Corp. Q1-2018 Earnings Update .....
July 15, 2018 - MRG.UN
Morguard North American Residential REIT. Q1-2018 Earnings Update .....
July 14, 2018 - MRT.UN
Morguard REIT Q1-2018 Earnings Update .....
July 13, 2018 - AGF.B
AGF Management Ltd - Q2-2018 Earnings & Price Target Update .....
Recommendation Changes
T, ACR.UN, CUF.UN, BLX, EMA, more...

Northland Power Inc. Q3-2017 Earnings, Price Target Update

This is only a sample of the article, please login to view the entire article

Northland develops, builds, owns and operates natural gas, wind and solar powered facilities. Northland owns or has a net economic interest in 2,319 MW of operating generating capacity (1,732 MW net to Northland). Two of their three capital projects were completed in 2017 adding wind power generating capacity 932MW ( 642 MW net to Northland). The wind projects include a 60% equity stake in Gemini, a 600 MW offshore wind project, and an 85% equity stake in Nordsee One, a 332 MW offshore wind project, both located in the North Sea. In Jan-2017 Northland agreed to acquire a third European development, the 252MW Deutsche Bucht project with an estimated completion cost of $1.9B. It is located 95 km northwest of the island of Borkum in the German Exclusive Economic Zone, 77 km from Northland's other German offshore wind project, Nordsee One. Prior to the completion of the Deutsche Bucht project, 36% of capacity is natural gas fired, 58%- wind power and 6% solar. All the natural gas fired facilities are located in Canada. For the wind power facilities 30% are located in Canada and 70% are in Europe. The solar facilities are all located in Canada. Growth in productive capacity has been focused on wind power in the North Sea area of Europe.

Total assets increased to $8.6B at Dec-31-2016 up from $2.8B as of Dec-31-2013 excluding the pending acquisition of Deutsche Bucht. Total assets are forecast at $10B as of De-31-2017. NPHI, a corporation owned by James C. Temerty, effectively owns 35% of Northland Power Inc.

Capital Development

You must be a member to view the entire article, please subscribe or login


Login
Username
Password
New Issues & Acquisition
July 20, 2018
New! Coverage Universe - Weekly Price Changes July 13-20, 2018
July 13, 2018
Coverage Universe - Weekly Price Changes July 6-13, 2018
July 9, 2018
Atrium Mortgage Investment Corp. 5.5% Convertible Debentures New Issue
July 6, 2018
Coverage Universe - Weekly Price Changes June 29-July 6, 2018
June 29, 2018
Coverage Universe - Weekly Price Changes June 22-29, 2018
June 23, 2018
Coverage Universe - Weekly Price Changes June 15-22, 2018
June 15, 2018
Coverage Universe - Weekly Price Changes June 8-15, 2018
June 13, 2018
Firm Capital Mortgage Investment Trust - New Convertible Debenture