Northland Power’s 1Q15 was about achieving financial close on Nordsee One and Grand Bend, about recontracting its Cochrane and Kirkland Lake facilities, and recovering up to $200 mm from the OEFC in Ontario. Actual results, also important, beat our estimates. We maintain our
$20.00 per share target price and Top Pick ranking.
15 May 2015
Solid 1Q15 Results and $5 Billion in Assets Under Construction
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Solid 1Q15 Results and $5 Billion in Assets Under Construction
Northland Power Inc. (NPI:TSE) | 0 0 1.8% | Mkt Cap: 3,794m
- Published:
15 May 2015 -
Author:
Steven I. Paget -
Pages:
6
Northland Power’s 1Q15 was about achieving financial close on Nordsee One and Grand Bend, about recontracting its Cochrane and Kirkland Lake facilities, and recovering up to $200 mm from the OEFC in Ontario. Actual results, also important, beat our estimates. We maintain our
$20.00 per share target price and Top Pick ranking.