Bullboard - Stock Discussion Forum 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... see more

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TSX:AQN - Post Discussion

Algonquin Power & Utilities Corp > Atlantica sale approved

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Post by earlybird_787 on Dec 10, 2024 9:58am

Atlantica sale approved

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

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