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Algonquin Power & Utilities Corp T.AQN

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

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 bmbruceon Nov 14, 2022 3:10pm
279 Views
Post# 35097545

RE:RE:RE:Debt

RE:RE:RE:Debtthe market is mostly focused their debt problem and it's impact going forward in terms of their ability to execute on whatever revised growth plan that they decide upon...as we all know markets hate uncertainty... this is what's driving the s.p. downward..at a minimum a press release that will reassure investors that they are in the process of taking steps, such as a meaningful reduction in the payout ratio of 80-90%, in order to reduce their dependance on capital markets and more debt for future funding is now required....we as investors cannot have our cake and eat it too..they screwed up big time and now they have to come out and at a minimum own up to their mistake..
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