Northland Power (TSX:NPI) Construction In Progress : C$218 Mil (As of Dec. 2023)

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What is Northland Power Construction In Progress?

Northland Power's quarterly construction in progress declined from Jun. 2023 (C$1,033 Mil) to Sep. 2023 (C$891 Mil) and declined from Sep. 2023 (C$891 Mil) to Dec. 2023 (C$218 Mil).

Northland Power's annual construction in progress increased from Dec. 2021 (C$622 Mil) to Dec. 2022 (C$841 Mil) but then declined from Dec. 2022 (C$841 Mil) to Dec. 2023 (C$218 Mil).

Northland Power Construction In Progress Historical Data

The historical data trend for Northland Power's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Northland Power Construction In Progress Chart

Northland Power Annual Data

Trend

Dec14

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Dec23

Construction In Progress

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44.45

212.48

622.19

841.30

217.69

Northland Power Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															841.30	909.36	1,032.88	890.92	217.69

Northland Power Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Northland Power (TSX:NPI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Northland Power Inc (TSX:NPI) » Definitions » Construction In Progress

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Traded in Other Exchanges

NPIFF:USA 1NR:Germany NPI.PR.B.PFD:Canada NPI.PR.A.PFD:Canada

Address

30 St. Clair Avenue West, 17th Floor, Toronto, ON, CAN, M4V 3A1

Website

https://www.northlandpower.com

Northland Power develops, constructs, and operates maintainable infrastructure assets across a range of clean and green technologies, such as wind (offshore and onshore), solar, and supplying energy through a regulated utility. Offshore wind is expected to remain the company's largest segment over the long term. Northland's growth opportunities are global and span North America, Europe, Latin America, and Asia.