(NPI) Northland Power - Ratings and Ratios

Northland Power Inc. (TO:NPI) is a leading global power producer specializing in renewable energy, with operations in Canada, the Netherlands, Germany, Colombia, Spain, the United States, and other international markets. The company generates electricity from a diverse portfolio of renewable sources, including offshore and onshore wind, solar, natural gas, and battery energy storage. Its power is sold under various revenue arrangements, primarily through long-term power purchase agreements. As of December 31, 2024, Northland owned or held a net economic interest in 2,840 MW of power-producing facilities, with a total gross operating capacity of approximately 3,248 MW, including a regulated utility component. Established in 1987, the company is headquartered in Toronto, Canada.

Northland Power Inc. operates in a sector critical to global energy transition, focusing on renewable energy infrastructure. The company has a strong track record of developing, building, and operating renewable energy projects, particularly in offshore wind, where it has established itself as a significant player. Its portfolio includes projects in advanced development stages, ensuring a pipeline for future growth. Northlands strategy emphasizes long-term revenue visibility through power purchase agreements, providing stability in cash flows. The companys regulated utility business further diversifies its revenue streams, reducing exposure to merchant power markets.

3-Month Forecast: Based on , NPI is trading near its 20-day (18.75) and 50-day (18.83) SMAs, indicating a potential range-bound scenario. The ATR of 0.58 suggests moderate volatility. Support is likely at 18.50, with resistance near 19.20. From , with a forward P/E of 9.12 and a P/B of 1.18, NPI appears attractively valued for investors seeking exposure to renewable energy with growth potential.