Northland Power could be taken private in strategic review: Reuters

Canadian power group Northland Power Inc is looking for a new owner, its chief financial officer said, as part of its strategic review begun in July aimed at boosting growth and shareholder value. The Toronto-based company, which operates thermal and renewable energy stations in Canada and Europe, is worth $4.06 billion. CFO Paul Bradley told Reuters the company's range of options include being sold to a private equity firm.

28 September 2016•2 mins read
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