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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

Comment by CBalardoon Nov 27, 2022 6:17pm
240 Views
Post# 35132404

RE:RE:This Utility is a Safe Harbour

RE:RE:This Utility is a Safe Harbour

I can't put too much trust in new young fund managers, I like the older ones. Not many around these days. It's fine parents spared the rod with the new generation, but there's something wrong with the new mentality of being fully entitled with little consequences. Letting profit margins fall this steep is horrible.

       They need more subsidies when transitioning green power, cause obviously your ROI is going to be hard to manage in an inflated economy. What companies will win, the coal power companies who can offset the carbon with credits and profit until 2050 then switch to neutral, or the ones who believe in the scam and transition out before 2030? Maybe the best way to go is buy series A&D then move to common shares later when they adjust their assets or sell something? 

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