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Algonquin Power - AQN STOCK NEWS

Welcome to our dedicated page for Algonquin Power news (Ticker: AQN), a resource for investors and traders seeking the latest updates and insights on Algonquin Power stock.

Algonquin Power & Utilities Corp (AQN) delivers essential utility services and renewable energy solutions across North America. This page provides centralized access to official company announcements, financial updates, and strategic developments.

Investors and stakeholders will find timely updates on earnings reports, regulatory filings, infrastructure investments, and sustainability initiatives. Our curated collection includes press releases detailing operational milestones, partnership announcements, and progress toward renewable energy targets.

Key areas of coverage include rate-regulated utility operations, renewable energy project updates, and strategic acquisitions. Content is organized for quick scanning while maintaining compliance with financial disclosure standards.

Bookmark this page for direct access to AQN's latest developments in water, electricity, and natural gas services alongside their growing portfolio of wind, solar, and hydroelectric assets. Check regularly for unfiltered updates straight from company sources.

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Starboard Value CEO presents value creation opportunities at Bloomin' Brands and Algonquin Power & Utilities
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Algonquin Power & Utilities Corp. to release Q3 2023 financial results and hold earnings conference call
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Algonquin Power & Utilities Corp. announces redemption of its 6.875% Fixed-to-Floating Subordinated Notes - Series 2018-A due 2078
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Algonquin Power & Utilities Corp. (AQN) announced plans to pursue a sale of the Renewable Energy Group to unlock the company's value as a pure-play regulated utility. The decision comes after a strategic review to enhance shareholder value. The company also reported second-quarter financial results, including $627.9 million in revenue, a 1% increase year-over-year, and adjusted net earnings of $56.2 million, a 49% decrease.
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Algonquin Power & Utilities Corp. declares third quarter 2023 dividends for common and preferred shares
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Algonquin Power & Utilities Corp. has announced the appointment of Christopher Huskilson as Interim CEO, succeeding Arun Banskota. The company is commencing a search for a permanent CEO. Huskilson has a record of driving growth in the energy industry and will oversee the sale of the renewables business. Algonquin Power & Utilities Corp. reported second quarter 2023 earnings and will pursue a sale of its Renewable Energy Group.
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Algonquin Power & Utilities Corp. (AQN) plans to release its Q2 2023 financial results on August 10, 2023, before market open. The earnings conference call will be held at 8:30 a.m. ET on the same day, hosted by President and CEO Arun Banskota and CFO Darren Myers. Conference call details and webcast link are provided.
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Starboard Value LP, the largest shareholder of Algonquin Power & Utilities Corp, has issued a letter suggesting that a sale of the company's unregulated renewables business could enhance shareholder value. They believe that such a sale would reduce leverage, lower the dividend payout ratio, and restore investor confidence. Starboard also highlights the value of Algonquin's Water Utility and suggests that a separation of this business could create additional value for shareholders.
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Ancora Holdings Group, a significant shareholder of Algonquin Power & Utilities Corp. (AQN), has issued a statement on the company's decision to terminate its stock purchase agreement with Kentucky Power Company and AEP Kentucky Transmission Company. This decision comes after significant pushback from shareholders and follows a 45% decline in Algonquin's stock price over the past year. Ancora urges the Board to expedite $1 billion in planned asset sales to deleverage the balance sheet and increase shareholder value. They emphasize that failure to act will likely lead to continued poor returns for investors and could trigger shareholder intervention.

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Algonquin Power

Nasdaq:AQN

AQN Rankings

AQN Stock Data

4.15B
766.81M
0.07%
65.18%
2.39%
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