Latest news with #NorthlandPower
Yahoo
19-07-2025
- Business
- Yahoo
This Renewable Energy Stock Is Down 35% and Ready to Soar
Written by Karen Thomas, MSc, CFA at The Motley Fool Canada Global energy demand is expected to remain strong for the foreseeable future, with renewable energy making up an increasingly larger portion of total demand. This is effectively elevating the business prospects for renewable energy companies like Northland Power (TSX:NPI). Yet, this renewable energy stock is down over 35% in the last five years, resulting in a strong, undervalued opportunity for investors. Here's why I think Northland Power stock is on the cusp of strong performance in the years ahead. New projects to drive cash flows for this renewable energy stock As you can see from Northland Power's stock price graph below, this renewable energy stock has had a rough time in the last five years. This price decline was a function of many things, such as rising interest rates, leverage, and inflation. Today, the macro environment is much improved, with lower interest rates and inflation. This is bringing positive changes to Northland's financial position. Also, Northland's battery storage project is now completed and in operation, and two of its other major projects, Baltic Power and Hai Long, are nearing the end stages of their development. This will mean lower capital expenditures as well as a significant ramp-up in cash flows in the coming two years. These projects will add $600 million to Northland's adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA). Also, they will add $200 million to Northland Power's free cash flow. Northland Power: A diversified renewable stock Northland Power has a global footprint of 3.4 gigawatts of energy in operation and 2.2 gigawatts under construction. This footprint is diversified both geographically and by energy source. From Canada to Northern Europe to Taiwan, this diversification gives Northland more stability in its operations and financial performance. Looking ahead, the two new projects that are expected to come onstream in the next couple of years will provide further diversification. Furthermore, Northland's renewable assets are also diversified across energy sources. With clean-burning natural gas, wind, solar, and battery energy storage assets, Northland is ready to meet the demand growth for renewable energy. A strengthening balance sheet Finally, I'd like to address Northland's balance sheet. As you know, the company's business is highly capital-intensive. Back in 2021, Northland's long-term debt peaked at over $7 billion. Today, the company has managed to bring this debt level down to $6.1 billion. Also, as you know, interest rates have come down significantly in recent years. They hit 5% in 2023, but have since declined to the current 2.75%. This, coupled with Northland's debt reduction, is resulting in lower interest payments and healthier financials. The company currently has $1.1 billion of liquidity on the balance sheet to fund new projects. Management's guidance for adjusted EBITDA in 2025 is $1.3 billion to $1.4 billion. This represents an increase of between 3% and 11% versus 2024. As we head into 2026 and 2027, cash flow will get an additional boost from the newly completed projects, Hai Long and Baltic Power. The bottom line In closing, this renewable energy stock is gearing up to really see the benefits from its recent capital-intensive years. As its two new projects come into service in the next couple of years, cash flows will get a boost, and Northland's risk profile will decrease. As a result, the stock's valuation will rise. The post This Renewable Energy Stock Is Down 35% and Ready to Soar appeared first on The Motley Fool Canada. More reading 10 Stocks Every Canadian Should Own in 2025 [PREMIUM PICKS] Market Volatility Toolkit A Commonsense Cash Back Credit Card We Love Fool contributor Karen Thomas has a position in Northland Power. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. 2025 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
17-07-2025
- Business
- Globe and Mail
Northland Power Announces Its Second Quarter 2025 Financial Results Release Date and Provides Investor Call and Webcast Details
TORONTO, July 17, 2025 (GLOBE NEWSWIRE) -- Northland Power Inc. (' Northland ') (TSX: NPI) announces it will release its 2025 second quarter operating and financial results after markets close on Wednesday, August 13, 2025. Northland's management will hold an investor conference call and webcast at 10 a.m. Eastern Time (ET) on Thursday, August 14, 2025, followed by a question-and-answer period with analysts. Conference call details: Date: Thursday, August 14, 2025 Start Time: 10:00 a.m. ET Participants wishing to join the call and ask questions must register using the following URL below: For all other attendees, the call will be broadcast live on the internet, in listen-only mode and can be accessed using the following link: Webcast URL: For those unable to attend the live call, an audio recording will be available on Northland's website at on Friday, August 15, 2025. ABOUT NORTHLAND POWER Northland Power is a Canadian-owned global power producer dedicated to accelerating the global energy transition. Founded in 1987, with almost four decades of experience, Northland has a long history of developing, owning and operating a diversified mix of energy infrastructure assets including offshore and onshore wind, solar, battery energy storage, and natural gas. Northland also supplies energy through a regulated utility. Headquartered in Toronto, Canada, with global offices in seven countries, Northland owns or has an economic interest in 3.5 GW of gross operating generating capacity, 2.2 GW under construction and a significant inventory of early to mid-stage development opportunities encompassing approximately 10 GW of potential capacity. Publicly traded since 1997, Northland's Common Shares, Series 1 and Series 2 Preferred Shares trade on the Toronto Stock Exchange under the symbols NPI, and respectively. For further information, please contact: 647-288-1019
Yahoo
04-07-2025
- Business
- Yahoo
How to Turn $25,000 Into $250,000 From Monthly Dividends
Written by Amy Legate-Wolfe at The Motley Fool Canada Turning $25,000 into $250,000 may sound like a stretch, but for long-term investors focused on monthly dividends and steady reinvestment, it's very possible. It doesn't require picking high-risk stocks or gambling on fast gains. Instead, it takes three simple ingredients: solid dividend payers, time, and consistency. By investing in stocks like Dream Industrial REIT (TSX: iShares S&P/TSX Composite High Dividend Index ETF (TSX:XEI), and Northland Power (TSX:NPI), Canadians can build a plan that turns passive income into lasting wealth. Let's begin with Dream Industrial REIT. It's one of the more consistent real estate investment trusts (REIT) on the TSX, owning a portfolio of high-demand industrial properties across Canada, the U.S., and Europe. These buildings support the logistics and e-commerce sectors, making them critical infrastructure in today's economy. The dividend stock trades around $11.50 and offers a $0.70 dividend, coming out monthly at a 6% yield. In its most recent earnings report, the dividend stock reported revenue of $159 million and net income of $118 million. It also maintained an impressive 98% occupancy rate. This steady income, combined with reinvestment, helps build a dividend-compounding foundation. Next up is the iShares S&P/TSX Composite High Dividend Index ETF. This exchange-traded fund (ETF) holds a basket of high-yielding Canadian dividend stocks across multiple sectors, including financials, telecom, and utilities. That diversification spreads risk and smooths out returns. As of writing, it trades around $28.25 and yields approximately 5.5%. The ETF distributes income monthly, and that cash flow can be easily reinvested. Over the last few years, XEI has offered a total return near 7% annually, making it a stable addition to any income portfolio. Lastly, there's Northland Power, a renewable energy company that generates electricity from wind, solar, and natural gas. It's a strong player in the clean energy space with projects in Europe, North America, and Latin America. The dividend stock trades around $21.50 and pays a monthly dividend of $0.10 per share, or $1.20 annually for a 5.5% yield. In its most recent quarter, Northland reported sales of $634 million and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $400 million. It also confirmed steady progress on major projects in Colombia and Germany, which could boost future cash flow. What makes Northland appealing is the mix of current income and the potential for long-term growth as the world transitions to renewables. So how does this all come together? You could invest $10,000 in Dream Industrial, $10,000 in iShares XEI, and $5,000 in Northland Power. If you reinvest every dollar and continue adding when possible, that income compounds. Over time, you buy more shares, which then pay more dividends, and the cycle continues. With consistent reinvestment, a $25,000 portfolio could double every 10 years, according to the rule of 72. After about 30 years, it could grow beyond $250,000 with dividends reinvested, all while providing regular monthly income. And unlike growth-only stocks, this strategy lets you benefit from passive cash flow every step of the way. Of course, no investment is without risk. Dream Industrial relies on strong leasing markets. Northland Power depends on energy prices and project execution. And ETFs like XEI are exposed to broader market movements. But together, these stocks offer a blend of stability, income, and potential growth. The post How to Turn $25,000 Into $250,000 From Monthly Dividends appeared first on The Motley Fool Canada. Before you buy stock in Dream Industrial REIT, consider this: The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and Dream Industrial REIT wasn't one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years. Consider MercadoLibre, which we first recommended on January 8, 2014 ... if you invested $1,000 in the 'eBay of Latin America' at the time of our recommendation, you'd have $24,927.94!* Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 30 percentage points since 2013*. See the Top Stocks * Returns as of 6/23/25 More reading Made in Canada: 5 Homegrown Stocks Ready for the 'Buy Local' Revolution [PREMIUM PICKS] Market Volatility Toolkit Best Canadian Stocks to Buy in 2025 Beginner Investors: 4 Top Canadian Stocks to Buy for 2025 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Amy Legate-Wolfe has no position in any of the stocks mentioned. The Motley Fool recommends Dream Industrial Real Estate Investment Trust. The Motley Fool has a disclosure policy. 2025 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Globe and Mail
17-06-2025
- Automotive
- Globe and Mail
Why Canada's largest battery project is an energy gamechanger
While you may expect to hear humming, there's almost no sound coming from the site of the recently-opened Oneida Energy Storage project – a plot of land filled with 278 lithium-ion batteries, each one about the size of a tractor trailer – producing 250 megawatts (MW) of electricity. Located on 10 acres in Haldimand County, Ont., the Oneida project is among the five largest battery storage facilities in the world, producing enough electricity to power a city of 200,000. 'It's a beautiful facility. I had more decibel readings from the birds chirping in the trees than I had from the batteries,' says Christine Healy, president and chief executive officer of Toronto-based global power producer Northland Power. 'It provides a necessary service right where we need it the most.' Serving the entire province, the batteries pull electricity from the Ontario power grid, holding it in times of surplus and releasing it in times of need. Over its operating life, the facility is estimated to reduce greenhouse-gas (GHG) emissions by between 1.2 and 4.1 million tonnes – the equivalent of removing approximately 40,000 cars from the roads. The Oneida project comes as battery storage is transforming how we manage energy usage, making it cleaner and more reliable by reducing reliance on fossil fuels and strengthening the power grid during times of peak demand. These types of facilities also help contribute to lowering emissions – something relevant to Canada, which has pledged to reduce its GHGs by 45 to 50 per cent by 2035. The Oneida project more than doubles Ontario's current energy storage resources from 225 MW to 475 MW – a boost that comes amid a broader push to expand energy storage across the province. In 2024, the Ontario government and Independent Electricity System Operator (IESO), the non-profit overseeing the province's grid, announced they procured an additional 2,195 MW of electricity generation and battery capacity – enough to power 2.2 million homes during periods of peak demand. This includes 1,784 MW of battery energy storage from 10 different projects. It also means that Ontario should have close to 3 gigawatts (GW) of energy storage capacity by 2028, exceeding the government's initial target of 2.5 GW. Battery storage provides a number of services to the grid, helping to balance electricity supply and demand and ensuring grid reliability and resilience. 'Being able to move energy from times of surplus to times of need is a real asset,' says Vittoria Bellissimo, president and CEO of the Canadian Renewable Energy Association. 'What you need to run a reliable, clean, affordable electricity system is a diversified set of supply resources but also demand resources.' The Oneida Energy Storage Limited Partnership (Oneida LP) is composed of government, public and private groups that help govern the project – including Northland Power Inc., which holds a 70-per-cent stake, economic group the Six Nations of the Grand River Development Corporation (SNGRDC), energy storage developer NRStor Inc., developer Aecon Concessions and the Mississaugas of the Credit Business Corporation. Oneida LP works with the Ontario government through IESO and Haldimand County at the municipal level, says Matt Jamieson, CEO and president of the SNGRDC. 'It's a great example of multiple layers of government and organizations working together.' The SNGRDC and NRStor first formulated the idea for an energy storage facility in 2018 before bringing it to Northland Power, which helped secure financing through the Canada Infrastructure Bank, Mr. Jamieson says. Natural Resources Canada also added a $50-million grant. According to Northland, the project opened in May and came in ahead of schedule and under budget at $700-million, rather than the $800-million projected in 2023. Located near the Six Nations of the Grand River reserve, which has a population of nearly 30,000, construction employed 180 Indigenous and Ontario workers at its peak, including 40 from the SNGRDC's construction partner, Aecon Six Nations. Since its inception, the SNGRDC has invested in renewable energy projects, deploying more than $50-million of equity capital into utility-scale wind, solar and battery projects. 'We always want to stay true to our values as Indigenous people,' Mr. Jamieson says. 'We viewed renewable energy as an opportunity for us to get involved in something that has a net-positive environmental result. You build these assets, and really you're harnessing the power of Mother Earth, the wind and the sun.' Mr. Jamieson connected Oneida LP with Aecon Six Nations to subcontract much of the site's construction. 'That translates into paychecks, which float back into our community's economy,' he says. 'But even more important, the construction of Oneida really built capacity in our work force. We now have that skill set to be competitive in the market.' Northland Power CEO Ms. Healy says working with Indigenous partners helped move the project forward and bolster the local economy through employment. 'That level of alignment is the special sauce to make these projects work.' The SNGRDC currently holds 2.5 GW of electrical capacity through its involvement in 25 renewable energy holdings and has plans to expand. In December, the SNGRDC and Quebec-based renewable energy company Boralex Inc. announced $538-million for a 300 MW battery storage facility in Hagersville, Ont. It will surpass Oneida as Canada's largest. Northland Power also just began building Jurassic Solar+, an 80 MW battery storage and solar generation project in Alberta, while Nova Scotia and Saskatchewan have also heavily invested in energy storage. Now that Oneida is up and running, time is of the essence when it comes to moving forward with Ontario's procured energy storage projects. 'Pace matters. We have to keep developing projects,' says Ms. Healy. 'Capital fundamentally goes where it's treated best and it's a global competition. Canada needs to make sure that we are at the top of everybody's list for where they want to deploy their capital.'
CNBC
17-06-2025
- Business
- CNBC
Renewable energy skepticism is misplaced, says Northland Power CEO
Christine Healy, President & CEO of Canada-based Northland Power, believes it's a "good time for renewables" despite geopolitical tensions. She also talks about Northland Power's milestones in the Asian region.
