Algonquin Power & Utilities Corp T.AQN

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

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.

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Algonquin Power & Utilities Corp > Status of the Kentucky Power Acquisition...?

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Comment by dalesio_98on Mar 12, 2023 11:11pm

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Post# 35333967

RE:Status of the Kentucky Power Acquisition...?

AlwaysLong683 wrote:
From the AQN PR dated January 12, 2023:

"AQN continues to pursue the Kentucky Power Acquisition. Leveraging AQN's demonstrated track record of operational excellence, the Company's pending acquisition of Kentucky Power Company and AEP Kentucky Transmission Company, Inc. (the "Kentucky Power Acquisition") is expected to generate long-term value for customers and investors alike. On December 15, 2022, the U.S. Federal Energy Regulatory Commission ("FERC") denied approval of the Kentucky Power Acquisition as filed. The parties plan to continue to seek FERC approval of the Kentucky Power Acquisition."

Page 8 of the seller's (American Electric Power) February 23, 2023 Slide Deck Presenatation:

Kentucky Sale Transfer Update:

Original FERC 203 denied without prejudice on 12/15/2022

Filed a new FERC 203 application on 2/14/2023 requesting expedited approval

Did AQN issue a press release to its shareholders indicating this new application was submitted February 14....?

I assume the new application addresses FERC's concerns....?