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Algonquin Power & Utilities Corp T.AQN

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

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 johnathamiltonon Nov 11, 2022 3:58pm
212 Views
Post# 35092488

RE:debt

RE:debt
bmbruce wrote: they took on too much debt and now we shareholders are paying for it...don't understand how they expected interest rates to remain so low when the signs of inflation and higher rates were coming ...in short they bit off more than they could chew..the CEO should be out 


If the CEO took them in this direction then he really should be out. Unfortunately, so many of these CEO's have golden parachutes so it's heads they win, tails shareholders lose. I'm really wondering where the Board of Directors was on this purchase if it was so bad? 
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