NPIFF - Northland Power: A Monthly Dividend Running On Wind Energy
2024-04-09 09:05:28 ET
Summary
- The past year has been particularly challenging for the renewable energy sector, with companies like Northland Power facing hurdles such as higher interest rates, inflation, and supply chain issues.
- Despite these short-term challenges, there are signs of recovery, including rising energy contract prices, growth in demand for renewables, and increased corporate and government support.
- CEO resignation raises questions, but the company reassured investors that projects are progressing as planned, and shares are trading at historically low valuation multiples.
Northland Power: A Monthly Dividend Running On Wind EnergyThe best thing that happens to us is when a great company gets into temporary trouble...We want to buy them when they're on the operating table - Warren Buffett