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Algonquin Power & Utilities Corp T.AQN

Alternate Symbol(s):  AQN | AGQPF | T.AQN.PR.A | 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 > Phew, am I ever relieved...
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Comment by bttmfischeron Oct 08, 2022 4:50pm
148 Views
Post# 35014305

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Phew, am I ever relieved...

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Phew, am I ever relieved...Capharnaum, you conveniently neglected to mention the carbon tax, which most certainly can and does effect the price of anything being made or transported.
That tax BTW is going up on January 2023.
Your statement of "(On the)Long term, AQN should profit from higher rates, since it should increase their rate base returns." is like wishful thinking, and it makes little economic sense in  infaltionary conditions.
As I am an AQN holder I wish you were correct, but no, I don't think you are.
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