Algonquin Power & Utilities Corp T.AQN.PR.A

AQN's---renewable energy

[oilandgasmick]

Question(s) for the board-

There seems to be a lot of conflicting info out there regarding this subject. How much of AQN's power production comes from renewables? I have seen numbers that range from 50-70% so I wonder if someone has a better handle on the actual figure.

Also, for someone with a lot of knowledge about the assets--which renewable projects would be the most likely to attract a decent offer?--in a skeptical market.

[templetooth2]

Haven't got a clue how much of AQN's portfolio is renewable, nor do I care. IMHO all you need to know is that Jeff Smith of Starboard Value is running this show. You should read his letter to the B of D dated July 6.  You might also want to look into (and buy) Atlantica (AY- NYSE). AQN owns 43% or so of AY's 116 million shares. AY has been strategic reviewing since February

[johnathamilton]

Here is a link to the letter letter from Jeff Smith to the AQN Board: Starboard_Value_LP_Letter_to_AQN_Board_07.06.2023.pdf (starboardvalue.com)