Management has adjusted its FY 2016 guidance up 28% to be in the $500 mm to $530 mm range due to receipt of pre-completion revenues from Gemini, full year Cochrane Solar operations and Grand Bend becoming operational. In FY2016, Northland Management expects free cash flow per share to be in the range of $0.93 to $1.08 per share. This amount does not include lump sum retroactive payments from the OEFC court decision in March 2015, however it does include $28 mm of expected proceeds from the dives ....

25 Feb 2016
REPORTS 4Q15; MEETS ESTIMATES; PROVIDES PROJECT UPDATE

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REPORTS 4Q15; MEETS ESTIMATES; PROVIDES PROJECT UPDATE
Northland Power Inc. (NPI:TSE) | 0 0 1.8% | Mkt Cap: 3,794m
- Published:
25 Feb 2016 -
Author:
Steven I. Paget -
Pages:
3 -
Management has adjusted its FY 2016 guidance up 28% to be in the $500 mm to $530 mm range due to receipt of pre-completion revenues from Gemini, full year Cochrane Solar operations and Grand Bend becoming operational. In FY2016, Northland Management expects free cash flow per share to be in the range of $0.93 to $1.08 per share. This amount does not include lump sum retroactive payments from the OEFC court decision in March 2015, however it does include $28 mm of expected proceeds from the dives ....