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Northland Power ( (TSE:NPI) ) has issued an update.
Northland Power has acquired two late-stage pre-construction battery energy storage system projects in Poland, totaling 300 MW / 1.2 GWh, from Greenvolt Power Group. This acquisition enhances Northland’s presence in Poland, supporting the country’s transition from coal-based power to renewable energy, and aligns with Northland’s strategic growth ambitions. The projects, Mieczysławów and Kamionka, are expected to begin construction in 2026 with a total cost of €200 million, and will be among the first battery storage facilities in Poland, contributing to a reliable, lower-carbon energy system.
The most recent analyst rating on (TSE:NPI) stock is a Hold with a C$19.00 price target. To see the full list of analyst forecasts on Northland Power stock, see the TSE:NPI Stock Forecast page.
Spark’s Take on TSE:NPI Stock
According to Spark, TipRanks’ AI Analyst, TSE:NPI is a Neutral.
Northland Power’s overall score is primarily impacted by its strong cash flow and project advancements, but is weighed down by declining revenue, profitability issues, and bearish technical indicators. The high dividend yield offers some valuation support, but the negative P/E ratio and revised financial guidance present challenges.
To see Spark’s full report on TSE:NPI stock, click here.
More about Northland Power
Northland Power is a Canadian-owned global power producer established in 1987, with expertise in developing, owning, and operating a diverse mix of energy infrastructure assets, including wind, solar, battery energy storage, and natural gas. Headquartered in Toronto, Canada, Northland operates in seven countries and has a significant inventory of development opportunities.
Average Trading Volume: 1,109,546
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$4.72B
For an in-depth examination of NPI stock, go to TipRanks’ Overview page.