from FAQ4. Is AQN required to pay a termination fee?
• No.
5. Will you still target ~$1B asset sales announcements without a Kentucky transaction?
• We remain committed to our capital recycling plan and continue to see opportunity to focus the portfolio. We now have more flexibility on the timing of our previously discussed $1 billion of asset sales announcements.
6. Does the termination of the Kentucky transaction change your targeted business mix?
• We continue to target a business mix with a minimum 70% regulated contribution.
7. Has the termination of the Kentucky transaction increased risk to your dividend?
• Our previously-announced dividend reset was calibrated to encompass a wide variety of scenarios. • We are comfortable with the dividend as it stands.
8. What is your capital expenditures outlook for 2023?
• We expect to spend approximately $1 billion in organic capital expenditures in 2023, which is unchanged from our prior expectations.
9. Do you still expect to not require any new equity financings through 2024?
• We still do not expect to require any new equity financings in 2023 or 2024.