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Algonquin Power & Utilities Corp T.AQN

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

Post by bmbruceon Jul 17, 2020 10:00am
84 Views
Post# 31280625

bought deal -closed

bought deal -closedOAKVILLE, ONJuly 17, 2020 /CNW/ -Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("APUC" or the "Company") today announced that it has closed its previously announced bought deal public offering, including the exercise in full of the underwriters' over-allotment option (the "Bought Deal"), and concurrent direct registered offering (the "Concurrent Offering" and together with the Bought Deal, the "Offerings"). A total of 57,465,500 common shares of APUC (the "Common Shares") were sold under the Offerings at a price of $17.10 per Common Share, resulting in gross proceeds to APUC of $983 million.
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