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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 > AEP to sell Kentucky operations to Liberty
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Comment by rustybladeson Oct 27, 2021 4:02pm
175 Views
Post# 34056096

RE:RE:RE:AEP to sell Kentucky operations to Liberty

RE:RE:RE:AEP to sell Kentucky operations to Liberty My point exactly. AEP has found a better return pursing other opportunities than hanging on to KP.

Capharnaum wrote:

There are many factors in play. AQN has a lot of experience and expertise in renewable projects and with its current size can spend $1-2B in Kentucky Power in the future.

AEP could be selling now to fund renewable projects they are developping or to purchase another utility that's already more advanced in their transition.

Based on AQN's renewables track record, I think they know the task they're undertaking.


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