Algonquin Power & Utilities Corp T.AQN

Fab blockbuster of a deal

[jjeerryy]

Don't trust a lot of the posters here, read it for yourself, click this hyperlink: [url=Agreement to Acquire]https://stockhouse.com/news/press-releases/2021/10/26/algonquin-power-utilities-corp-announces-agreement-to-acquire-kentucky-power[/url]

[jjeerryy]

link corrected:  https://stockhouse.com/news/press-releases/2021/10/26/algonquin-power-utilities-corp-announces-agreement-to-acquire-kentucky-power

[SargeX]

I actually think it is the other way around. Don't trust management and how they exaggerate. Did you ever read what ALA said when they took over WGL - going to mean big divy increases, add significantly to earnings, blah, blah,blah, How'd that work out when the stock tanked from over $30 to $12 and they cut the divy by 56%. (oh yeah, you can trust mamagement alrighty). Similar thing with

[mnztr]

Big difference is that this is the business model AQN has been executing for years. But a troubled or out dated utility and apply the AQN business model to it. Hartland was a big risk as a massive plan actually had to be built from scratch