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 > Atlantica sale approved

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Comment by Humaniston Dec 11, 2024 10:52am

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Post# 36356581

RE:Atlantica sale approved

thx for sharing it... we need good news

earlybird_787 wrote:
AQN will see an inflow of approx. $1B in cash from the sale of Altantica. The proceeds will be used to pay down debt and recapitalize the Balance Sheet. The deal closes in a couple of days.

https://www.atlantica.com/wp-content/uploads/documents/Acquisition-by-Energy-Capital-Partners-and-Co-Investors-Approved-by-the-High-Court-of-Justice-of-England-and-Wales.pdf