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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 Oct 03, 2023 7:53pm
222 Views
Post# 35668081

RE:RE:Why not spin off the renewables to realize value?

RE:RE:Why not spin off the renewables to realize value?

 

markets are experiencing high volatility due to uncertainty over rates and the economy making it harder for a renewables spin-off to go public successfully…things are precarious currently and prone to further turbulence until rates and markets rebalance…asset prices that soared due to years of easy money now need to reset at fair values suited for higher rates and slower growth….prolonged low interest rates encouraged excessive borrowing across the economy - from governments, corporations, investors, and consumers… companys like AQN overindulged when money was free and it’s coming back to bite..

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