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Algonquin Power & Utilities Corp T.AQN.PR.A


Primary Symbol: T.AQN Alternate Symbol(s):  AQN | 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 Jun 30, 2023 7:54am
419 Views
Post# 35521839

a few positives to consider from the announcement

a few positives to consider from the announcement

Starboard Value's stake in Algonquin Power & Utilities (AQN) offers potential benefits for investors….it can increase shareholder value by highlighting the undervaluation of AQN's regulated-utilities business… it will probably apply pressure to accelerate the ongoing strategic review initiated by AQN and lead to optimized capital allocation through the divestment of non-core assets and more efficient resource allocation…also the presence of an activist investor with a proven track record of driving positive changes can restore much needed market confidence in AQN…

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