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

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Post by Possibleidiot01on Jan 08, 2024 4:25pm

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Post# 35816369

Andrew Pink - BNN comment

COMMENT

He was a longtime holder until the last CEO left. It was a very well-run business, but they overextended to buy assets in Spain. The structure was complicated. All the independent power producers suffered higher costs for materials as interest rates rose. AQN has new managers who did a strategic review, so AQN appears more stable. Was upgraded today. We may have seen a bottom below $7.

electrical utilities

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