Algonquin Power & Utilities Corp T.AQN

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

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 > Other utilities at risk?

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Comment by SargeXon Nov 16, 2022 12:13pm

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Post# 35103644

RE:RE:RE:RE:Other utilities at risk?

Hey Dil

Long time, no hear. I hope all is going well.

I actually think climate change is a farse and fabricated thing but even if it isn't what we do in Canada with our1.6% or so of world greenhouse gases doesn't mean a hill of beans with what China, India, Russia, etc are doing, All we're doing is killing our economy and future standard of living.

As an aside, renewables just aren't ready for prime time. Just watch what happens in Europe this winter. I also see that they are back to burning and importing way more coal. Gee, how did all those big renewables at any cost plans work out,

Also, have a look back at the Medieval warming period followed by an ice/glacier increase period as an example of long term weather trends.

Ciao
Sarge

dileas48s wrote:
"I think many investors are feeling negative about renewables - it seems to be popular amongst politicians and car manufacturers, but realistically it's hard to envision it happening."

Maybe - but if we can't get it happening it won't matter how much money we have in our investment accounts as we'll all be under water, fighting a forest fire, or some other calamity. I'm firmly in the camp where we need to take steps in that direction (and to be clear, I have full positions in ENB, and PPL, and others also), but I don't think we can burn fossil fuels forever and not pay the consequences.

Karl63 wrote: Sarge - what a great post! Thanks for your reflections.

I agree, I think of Fortis as the strongest of the bunch. Emera has been attractive to me lately, seeming underpriced relative to Fortis and Canadian Utilities. I'm overweight CU, so I thought of selling some today and buying more Emera, wouldn't be a bad move. You say CU never seemed right to you . . . how come?

I think many investors are feeling negative about renewables - it seems to be popular amongst politicians and car manufacturers, but realistically it's hard to envision it happening. I had NPI in addition and decided to sell it in September for $41 and change. I might sell RNW too.

I'll have to look into ALA closer; I don't know much about its history.

I laughed when you spoke about Brookfield and their financial engineering, I'm getting sick of it too. I owned BPY.UN before they folded it, and I had real problems understanding just what they were doing; couldn't help but feel that I was getting screwed somewhere. I own BAM and they're talking about restructuring again; I'll know better after I read their 200 page "information circular". Oh goodie . . .