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Northland Power Reports Strong Q4 2024 Results and Outlines 2025 Outlook

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Northland Power Reports Strong Q4 2024 Results and Outlines 2025 Outlook

An announcement from Northland Power ( (TSE:NPI) ) is now available.

Northland Power reported strong financial results for the fourth quarter of 2024, achieving the high end of its financial guidance. The company continues to advance its major construction projects, including Baltic Power, Hai Long, and Oneida, and has completed an upgrade to the Thorold natural gas facility. With a robust balance sheet and significant liquidity, Northland Power is well-positioned for growth. The company has issued its 2025 financial outlook, anticipating an increase in Adjusted EBITDA and changes to its Dividend Reinvestment Plan.

More about Northland Power

Northland Power Inc. is a company in the energy sector, primarily focused on developing, building, owning, and operating clean and green power infrastructure assets. It specializes in renewable energy projects, including wind, solar, and natural gas facilities, with a market focus on sustainable energy solutions.

YTD Price Performance: 4.99%

Average Trading Volume: 71,225

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $3.43B

See more data about NPI stock on TipRanks’ Stock Analysis page.

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