Algonquin Power & Utilities Corp T.AQN

Alternate Symbol(s): AQN | T.AQN.PR.A | 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.

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Algonquin Power & Utilities Corp > It will be soon time to buy this again....

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Post by besttobeon Oct 03, 2023 9:15am

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Post# 35666478

It will be soon time to buy this again....

As the assets are worth alot more than the current share price. I assume it will bottom during tax loss selling.

It is down for mainly two reasons.

1. Interest rates could go higher or remain higher longer than expexted. IE Long term bond yeilds. .
2. Trying to sell renewable assets now, is bad timing. No real market for them, thus would be sold for fire sale prices.

Wait for boottom....We are not there yet. IMO

GLTA

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