For those who don't know Ian Roberston's backgroun - see the profile below.
He was a key executive in the development of Algonquin Power.
Today's announcement will help to increase institutional interest in Largo,as Algonquin has a very strong reputation as an alternative energy producer.
OAKVILLE, ON, July 17, 2020 /PRNewswire/ - Algonquin Power & Utilities Corp. ("APUC" or the "Company") (TSX: AQN) (NYSE: AQN) announced today the retirement of Ian Robertson as Chief Executive Officer ("CEO") .
"Ian has been a pioneer in the renewable energy business and brought to the Company an entrepreneurial spirit that will endure," said APUC Chairman Ken Moore. "As a driving force behind the Company's extraordinary growth, the Company's performance is a direct result of Ian's passion and dedication which has resulted in APUC becoming a blue chip TSX60 company delivering essential utility services while also being a global leader in renewable energy."
Mr. Robertson co-founded the Company in 1988, focusing initially on developing hydroelectric facilities, followed by expansion into other generating modalities, including wind and solar energy, as well as leading the Company to become a large North American regulated utility delivering water, natural gas and electric services. APUC has grown to approximately U.S. $11 billion of total assets including over 2 GW of installed renewable generating capacity and has over 800,000 regulated utility customers.
"We are immensely grateful for Ian's countless contributions over the years, and his legacy of strong business performance, operational excellence, and commitment to sustainability. We wish Ian well in his future endeavours,"