Though the Company commented that it has no immediate intent to issue securities as a result of this renewal, the filing provides access to capital markets for future funding requirements. As Northland can finance up to 80% of any one project with debt, this equity capacity could allow NPI to take on a new $2 billion project.
15 Apr 2016
RENEWS PRELIMINARY BASE SHELF PROSPECTUS
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RENEWS PRELIMINARY BASE SHELF PROSPECTUS
Northland Power Inc. (NPI:TSE) | 0 0 1.8% | Mkt Cap: 3,794m
- Published:
15 Apr 2016 -
Author:
Steven I. Paget -
Pages:
2
Though the Company commented that it has no immediate intent to issue securities as a result of this renewal, the filing provides access to capital markets for future funding requirements. As Northland can finance up to 80% of any one project with debt, this equity capacity could allow NPI to take on a new $2 billion project.