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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 malx1on Jan 16, 2023 3:06pm
180 Views
Post# 35226292

RE:RE:BBB Credit Rating in jeopardy...

RE:RE:BBB Credit Rating in jeopardy...
starboy101 wrote: I raised this issue awhile back in one of my previous posts, that there was a serious risk of seeing this POS's credit rating downgraded. A downgrading below BBB would mean  they or any company would no longer considered investment grade. And consequently many pension funds and institutions would not be able to hold their bonds.

If a downgrading were to occur which I believe is a distinct possiblity I think you could see the share price in the $4 - 5 range.


Agree.

Cost to borrow and to carry debt continues to rise.    

Names like AQN at risk.

So I see the future valuation here in the hands of Federal Reserve and BOC.     

If execs push forward with KY deal, then this vessel really starts to take on water.

Too scary for what is supposed to be a boring utility.    

People may find less volatility in QQQ than AQN now.   

Scary thought.        
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