Northland missed on some expectations in the quarter, but it continues to get good results with its project management. The Company continues to advance its $6 bn construction portfolio on budget; construction at both Gemini and Nordsee One continues to proceed ahead of schedule. As announced on July 12, Management is pursuing strategic alternatives for the Company’s next phase as well as new projects around the world. We maintain our 12-MTP of $25.00/share and Market Perform ranking.
12 Aug 2016
Reports 2Q16 Results
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Reports 2Q16 Results
Northland Power Inc. (NPI:TSE) | 0 0 1.8% | Mkt Cap: 3,794m
- Published:
12 Aug 2016 -
Author:
Steven I. Paget -
Pages:
5
Northland missed on some expectations in the quarter, but it continues to get good results with its project management. The Company continues to advance its $6 bn construction portfolio on budget; construction at both Gemini and Nordsee One continues to proceed ahead of schedule. As announced on July 12, Management is pursuing strategic alternatives for the Company’s next phase as well as new projects around the world. We maintain our 12-MTP of $25.00/share and Market Perform ranking.