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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 12, 2023 7:33pm
192 Views
Post# 35681473

RE:RE:RE:RE:BUY NOW

RE:RE:RE:RE:BUY NOW

imo..we also have to consider the real possibility of continuing inflation and weak growth going forward... in such an enviroment utility companies may face challenges getting meaningful ROE increases approved by regulators wary of exacerbating recession risks and reduced consumer purchasing power… utility companies  will need to justify moderate ROE adjustments as critical for investment and reliability… any increases granted may remain gradual and limited, as regulators balance economic stability against inflation's impact on utility capital costs...

 

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