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Home » News » Wind Energy » Northland Power’s Offshore Wind Business Sees 14% Decrease in Q1 2023 Profits Due to Non-Recurring Market Spike
Finance

Northland Power’s Offshore Wind Business Sees 14% Decrease in Q1 2023 Profits Due to Non-Recurring Market Spike

By James RichardMay 11, 20232 Mins Read
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Credit: Northland Power
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Northland Power, a leading renewable energy company, has reported a 14% decrease in profits from its offshore wind business during the first quarter of 2023, as compared to the same period last year. The company's adjusted EBITDA for the quarter ended March 31, 2023, was CAN$226m, which was down by CAN$36m from the same period

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EBITDA Northland Power OFFSET Renewable energy
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Previous ArticleUK Consortium Develops Electron Beam Welding Technique for Offshore Wind Turbine Foundations
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