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Home » Finance » Northland Power Posts Q3 Net Loss Due to Offshore Setbacks, Remains Optimistic on Annual Targets
Finance

Northland Power Posts Q3 Net Loss Due to Offshore Setbacks, Remains Optimistic on Annual Targets

By Alexander FosterNovember 15, 20241 Min Read
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Credit: Northland Power
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Northland Power reported a net loss of CAD 191 million (€129 million) for the third quarter of 2024, contrasting with a net income of CAD 43 million in the same period last year. Gross profit also dipped slightly to CAD 444 million, down from CAD 458 million in Q3 2023. The decrease in quarterly earnings

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