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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 bmbruceon Jul 07, 2023 1:26pm
285 Views
Post# 35531195

RE:RBC analyst says $9USD with asset sales

RE:RBC analyst says $9USD with asset sales

RBC’s view on AQN’s strategic review in relation to activist shareholder Starboard Value’s urging the company to sell some of its assets… despite the high expectations from investors, the analysts believe that even if AQN decides to sell its renewables business, the potential increase in the share price would be limited… this viewpoint is supported by Duke Energy's recent sale of its non-regulated renewables business… they reiterate their Sector Perform rating and consider the current share price to be fair.

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