Northland Power (OTC) (TSE:NPI) has released an update.
Northland Power has reported a strong start to 2024, with first-quarter financial results surpassing expectations, driven by robust wind conditions at its offshore facilities. The company is making headway on its key construction projects in Taiwan, Poland, and Canada, with significant equipment deliveries and the launch of Hai Long’s in-water installation. Despite stellar performance at its offshore sites, revenues were slightly tempered by lower solar resource and market revenue in its Spanish portfolio.
For further insights into TSE:NPI stock, check out TipRanks’ Stock Analysis page.
