skip to content
Detailed Quote
5i Report
Rating
B

Review of Northland Power Inc.

MAR 18, 2025 - NPI is expected to enjoy meaningful tailwinds in its business model, given that global energy consumption is expected to grow by low single-digit consistently over the long term. This growth is due to a growing demand for renewable energy to tackle climate change. The recent operating results were not promising, given the decline in both adjusted EBITDA and Free cash flow per share, which explains the pressure on its share price. That being said, the guidance and positive catalysts, including stabilized inflation, declining interest rates and large projects that are expected to achieve full commercial operation later in 2025, could improve future operating results. NPI has a healthy pipeline of growth projects, which were funded through a combination of debt issuance and internally generated cash flow. NPI is a stable dividend payer that offers a “bond-like” yield for income-seeking investors. Despite unimpressive recent operating results, we are maintaining our rating for NPI at ‘B’ for now but we would be open to a downgrade if the company does not improve the fundamentals over time.

Download Report
Company Profile
{tplLang.businessdescription | toLang tLang}
{ profileData.description }

{tplLang.details | toLang tLang}

{tplLang.ceo | toLang tLang}
{profileData.profile.details.ceo}
{tplLang.employees | toLang tLang}
{profileData.profile.details.employees | numeraljs '0,0'}
{tplLang.issuetype | toLang tLang}
{profileData.profile.details.issuetype | asIssueType}

{tplLang.industryclassifications | toLang tLang}

{tplLang.sector | toLang tLang}
{profileData.profile.classification.sector}
{tplLang.industry | toLang tLang}
{profileData.profile.classification.industry}

{tplLang.toolname| toLang tLang}

There is no {tplLang.toolname| toLang tLang} currently available for {data.symbolstring}.
Interactive Chart
Key Ratios
Earnings
Analyst Recommendations
5i Recent Questions
Q: 5I team: Have owned this name for several years in a TFSAwith a current yield of 3.5%.Would you double down or more to get a better yield or swap for something with more yield and growth potential.Any suggestions please and thanks Larry
Read Answer Asked by Larry on September 16, 2025
Q: Looking for a few suggestions for a new position in the Utility space (Cdn) that you think is at at a favourable valuation based on a mix of reasonable growth potential and history of dividend increases together with healthy balance sheet? Please omit Fortis, Hydro, Enbridge and Brookfield companies even if they would be your first picks. Thanks so much.
Read Answer Asked by Stephen R. on September 17, 2025
Insiders
Share Information
News and Media