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Algonquin Power & Utilities Corp T.AQN

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

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

Comment by Humaniston Oct 03, 2022 1:11pm
206 Views
Post# 35001914

RE:Phew, am I ever relieved...

RE:Phew, am I ever relieved...I don't understand it as a sure thing that there will be dilution in 2023, but i read it as in preperation if thye need $ they will issue shares. i think it has a lot ot do with  the interest rate hikes and it continues..so it might be cheaper for them to issue shares than to borrow money if the int rates continue to rise ( as expected) 

also aqn is well known for acqquisition, so with the interest rates rising, some companies who are stripped for cash and can't borrow, they'll end up being aacquired or close shop.. 
anyways, just my 2 cents. 
glta 
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