Algonquin Power & Utilities Corp T.AQN

Alternate Symbol(s): AQN | T.AQN.PR.A | AGQPF | T.AQN.PR.D

Utilities Utilities - Diversified

Algonquin Power & Utilities Corp. is a Canada-based diversified international generation, transmission, and distribution company. The Company through its two business groups, the Regulated Services Group, and the Renewable Energy Group, provides sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. The Company is engaged in renewable energy through its portfolio of long-term contracted wind, solar, and hydroelectric generating facilities. The Company owns, operates, and/or has net interests in over four gigawatts (GW) of installed renewable energy capacity. The Company is focused on its expanding global pipeline of renewable energy and electric transmission development projects, organic growth within its rate-regulated generation, distribution and transmission businesses, and the pursuit of accretive acquisitions.

TSX:AQN - Post by User

Algonquin Power & Utilities Corp

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Comment by denlepon Jan 03, 2018 5:36pm

132 Views

Post# 27274725

RE:RE:RE:RE:why the decline???

FYI From National Bank
U.S. tax uncertainty; impact should be minimal With the senate bill passed in the U.S., we may see provisions such as the Base Erosion Anti-Abuse Tax (BEAT) apply a minimum corporate tax rate of 10% which may reduce the effectiveness of tax equity. However, we believe the impact to AQN’s growth prospects could be minimal, with the ITC still available and AQN’s ability to consume tax equity in the future. AQN confirms that existing contracts do not have risk.

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