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.
The 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
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Northland Power: A Monthly Dividend Running On Wind Energy