TSX open
Loading markets…

Advertisement

Stocks

Northland’s Baltic Power Offshore Wind Project Completes Installation of All 76 Turbines

By Wealth Awesome -

Follow live quotes and coverage.

Stocks & ETFs:NPI.TO

Follow NPI

Photos provided by Pexels

Northland Power has successfully completed the installation of all 76 turbines for its Baltic Power Offshore Wind Project.

The completion of turbine installation marks a significant milestone for Northland Power Inc.'s Baltic Power Offshore Wind Project. This development is expected to enhance the company's renewable energy portfolio and contribute to its growth in the green energy sector. The stock closed at C$22.22, reflecting a stable performance in the market with a year-to-date increase of 25.14%.

Advertisement

Northland Power Inc.

NPI.TO

Full stock page →

NPI.TO

Northland Power Inc.

Source:WealthAwesomeWealthAwesome
↑ $0.67 (3.12%)
120 day period
$20.36$21.99$23.62Apr 21Jul 16Oct 9

Market cap

$5.88B

Div. yield

4.15%

Div. / share

$0.92

52W high

$25.11

52W low

$15.42

1W change

-0.80%

Beta

0.53

Analyst Price Targets

Based on analyst covering NPI · as of Oct 9, 2026

📈

Wall Street analysts forecast NPI stock price to rise 19.8% over the next 12 months.

Consensus

Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$26.71

+19.8% Upside

Previously C$26.62 on Sep 17, 2026

Current Price

C$22.29

Last close

Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on NPI's historical volatility

HistoricalForecast68%95%
C$16.34C$19.75C$23.16C$26.57C$29.98C$33.39TodayJun 3Aug 7Oct 9Nov 21Jan 4Feb 16

30-Day Vol

27.4%

Annualized

90-Day Vol

24.6%

Annualized

Trend (90d)

+13.2%

Annualized drift

90d Mean

C$23.37

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$22.64C$20.60 – C$24.89
60 trading daysC$23.00C$20.13 – C$26.29
90 trading daysC$23.37C$19.84 – C$27.52

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

Advertisement

Investor takeaway: Investors should monitor the ongoing performance and operational developments related to the Baltic Power project.

C$22.22 Closing Price

Northland Power's stock closed at C$22.22, reflecting a stable position amidst recent project developments.

Bull case

The successful installation of the turbines could boost investor confidence and lead to future growth in Northland's renewable energy operations. With the turbines now in place, the company is on track to operationalize the project, which may increase its revenue streams in the coming years.

Bear case

Despite this milestone, challenges in the renewable energy sector or issues with project execution could affect Northland's financial performance. Investors should remain cautious and keep an eye on any developments that might impact the company's outlook.

Turbine Installation Completed

Advertisement

Northland Power Inc. announced that it has completed the installation of all 76 turbines for its Baltic Power Offshore Wind Project. This project represents a crucial step in the company’s strategy to enhance its position in the renewable energy market. With the turbines now installed, Northland is poised to advance towards operationalizing the project, which could potentially boost its revenue streams in the coming years.

Stock Performance Overview

As of the last close, Northland Power's share price stood at C$22.22. The stock has experienced a minor decline of 0.80% over the past week, but it has shown a positive trend with an increase of 7.46% in the last month. Year-to-date, the stock has appreciated by 25.14%. The trading volume was recorded at 103,291 shares, which is 0.98 times the 20-day average volume of 1,173,685 shares, indicating stable trading activity.

Key Financial Metrics and Analyst Outlook

Northland Power operates with a market capitalization of C$5.88 billion and a profit margin of -5.5%. The stock currently trades within a 52-week range of C$15.42 to C$25.11, placing it at approximately 70% of its range. The average analyst target for the stock is C$26.71, suggesting a potential upside of 20.2%. Investors should watch for updates on project developments and any changes in financial outlook as the Baltic Power project progresses.

Advertisement

Wealth Awesome
Written by

Wealth Awesome

Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.

View Full Profile →

✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

📊 Data AccuracyVerified sources
🇨🇦 Canadian FocusLocal expertise
🔍 Fact-CheckedEditorial review

⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: October 13, 2026
Last Updated: October 13, 2026

Core portfolio

Awesome Portfolio™

14.8% a year since 2017, against 9.7% for the S&P/TSX Composite. Ten stocks, easy to manage. We update it once a month.

Annualized

+14.8%

Awesome Portfolio™

+9.7%

S&P/TSX

+5.0 pp better a year

Total return

+254%

Awesome Portfolio™

+134%

S&P/TSX

+119 pp better than the TSX

2017-07-31 to 2026-09-29, dividends reinvested, before fees and tax.

Awesome Portfolio™S&P/TSX CompositeCumulative return · 2017-07-31–2026-09-29
-11.7%42.5%96.7%150.9%205.1%259.3%Jul 17Oct 19Feb 22Jun 24Sep 26

Sponsored links

Advertisement