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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

Utilities Utilities - Diversified
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

Algonquin Power & Utilities Corp > RBC -Reduces PT to $8.00 from $9.00 (USD)
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Post by bmbruceon Sep 13, 2023 7:40pm
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Post# 35635027

RBC -Reduces PT to $8.00 from $9.00 (USD)

RBC -Reduces PT to $8.00 from $9.00 (USD)

for what its worth....the analysis indicates that AQN is grappling with hurdles in its shift to a utility pureplay, mainly stemming from uncertainties in the renewable energy market and the divestment of assets… the decision to lower the PT reflects the analysts' recognition of heightened risks tied to these challenges.

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