Bullboard - Stock Discussion Forum Algonquin Power & Utilities Corp T.AQN.PR.A

Primary Symbol: T.AQN Alternate Symbol(s): AQN | 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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Algonquin Power & Utilities Corp > New Press Release - Starboard Sends Letter to Algonquin Power & Utilities Regarding Opportunities to Enhance Shareholder Value

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Post by PressRelease on Jul 06, 2023 9:00am

New Press Release - Starboard Sends Letter to Algonquin Power & Utilities Regarding Opportunities to Enhance Shareholder Value

Believes a Properly Executed Sale of All or a Substantial Majority of the Company's Unregulated Renewables Business can Accelerate Efforts to Delever, Lower the Dividend Payout Ratio and Restore Investor Confidence Delivers Specific Suggestions to Help Guide Algonquin's Publicly Disclosed Review...read article.

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Comment by darb on Jul 06, 2023 10:51am

Couple this with the news out of Texas on how the renewables, which are 30% of Texas generation, are saving them from disaster in this current Heat Wave. Bodes well for the value of the assets.

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Algonquin Power & Utilities Corp