Rebecca TeltscherNorthland Power IncNPI.TOHOLDMay 19, 2026

Assets are still good. Stock climbed above $20, but she held off buying more. Costs are increasing. Possible project delays. Growth in battery storage, but technology is unproven. May not own it for the next 5 years, may look for an opportunity to exit above $25.

It has recovered somewhat from its dividend cut. It has two very big projects on the go which will change its financial position. He is waiting to see how it plays out.. The management team is motivated and knows how to develop projects as it has done in the past.

New management assured that the dividend was safe, and then cut it. Investors were thrown off guard. Then had a monstrous quarter. Still lots of growth ahead, particularly with 2 offshore wind projects. As projects come online, stock price will slowly get de-risked. Global energy demand continues to increase.

She may well exit this name in the next year or so, but $20 is not the right price to do that. She'll wait to see what happens when the additional projects come onboard. 

Likes the chart. Is rangebound from $17-18 to $24. It could hover here for a while, then fall to $18, which is when he would load up on it.

The cut the dividend which heavily disappointed him. Grudgingly, he stuck with NPI, which became a good decision. Two big projects in Taiwan and the Baltic Sea are close to hitting milestones with deliverables in 2027-8. This will trigger good cash flow. Will watch new management and its new dividend policy.

The chart is consolidating and could go sideways for a long time. You can trade this stock. But if it broke out (possible, maybe), it'd probably hit $36.

Problems last year with dividend cut, shares bottomed ~$16. Story now is that things weren't that bad, just some delays in Taiwan. Dividend cut was a conservative measure. Stock's recovering.

Expects positive news from projects as the year goes on. Beyond that, needs to see a cohesive strategy. He's being patient. If management can deliver on the show-me story, he'll stay long.

The chart is an ascending triangle, well-supported, and forming a really nice base, with higher lows. $25 is resistance; if it reaches that, it would be a nice technical breakout. Given volatility in the market, these stocks look attractive.

Renewables have a good, long-term growth story. Got hit pretty hard.

It has based, so no more lower lows and lower highs. Currently, it's still in a base, but if it breaks above $25, you're off to the races and could return to $40. Buy it through $25.

It depends -- on your time horizon and your return expectations. Laggard in renewables. Execution challenges. Recent dividend cut. Looks cheap, so worth a second look. 

His preference in the space is BEP.UN.

It fell recently, because of announced project delays. It's probably an opportunity now. A good, consistent company though a little more volatile than typical utilities. Fundamentals remain good. Keep an eye on this project. Stock is cheap due to this pullback.

Global clean-power producer, mostly back by long-term contracts. Delays in offshore wind have hurt confidence, forcing a reset in expectations. Roughly 40% dividend cut, stock's fallen. Painful, but likely necessary to protect balance sheet. 

What matters now is management laying out new 5-year plan focusing on disciplined growth -- higher return hurdles, and funding projects without issuing equity. Long-term backdrop still supports the name. Sees upside from here, but wants to see more consistent execution before considering it. Ranks 9/10 fundamentally. Analysts see ~23-24% upside.

History of spending a lot of money on development, getting it going, and then committing to another big project that requires a lot more capital. Every shareholder is losing $$ right now, and just wants to see it get back to their entry price so they can sell. Move on.

In general, with long-term interest rates staying high, it's very difficult for companies that are very capital-intensive. Cost of financing long-term debt is onerous.