RE:RE:Phew, am I ever relieved...It's a very dim memory now, but I recall something about regulatory changes to the power market in Alberta being what crucified TransAlta -- they weren't structured right to respond to the changes. Again, a dim memory so don't rely on me.
AQN is potentially exposed as well; few operators in regulated space are equipped to defend against radical changes to the markets (water/sewer and electricity in this case). We merely hope that some populist politician doesn't get elected on a platform of 'bleed the utilities'.
.
jx7000 wrote: About eight-or-so years ago I was invested in TransAlta Utilities because they used to pay a good div and seemed to be pretty stable, but then that changed with new management, etc. They've never recovered both stock price and div. I wonder if AQN is going "down" the same path for whatever reason.