Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Comment by AlwaysLong683on Aug 12, 2023 10:52am
253 Views
Post# 35585242

RE:RE:Banskota GONE,,,,,,,,,,,,,But Share PRICE Sinking......

RE:RE:Banskota GONE,,,,,,,,,,,,,But Share PRICE Sinking......
bmbruce wrote:

initially, uncertainties may arise about Algonquin's strategy, especially if negative utility sector sentiments persist due to the expected continuation of high interest rates that could also hinder the sale of the renewable energy portfolio...consequently, the company's share price might become more volatile, with this volatility expected to continue until successful strategy execution and visible proof of achievements and projected outcomes..  IMO only


Agree. Market is probably cautious about AQN until it sees what the Renewables Business fetches and who the new CEO is going to be. Assets are only worth what another entity is willing to pay for them at any given point in time. IMO, unless they are in dire need of money, perhaps they should wait on the Renweables sale. However, AQN can't afford to allow their credit rating to fall below investment grade, though perhaps that's not a near-term concern....?

<< Previous
Bullboard Posts
Next >>