Edition:
United States

Algonquin Power & Utilities Corp (AQN.TO)

AQN.TO on Toronto Stock Exchange

14.35CAD
10 Dec 2018
Change (% chg)

-- (--)
Prev Close
$14.35
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
1,010,796
52-wk High
$14.49
52-wk Low
$12.18

Latest Key Developments (Source: Significant Developments)

Algonquin Power & Utilities Corp Files For Mixed Shelf Of Up To $3 Bln
Friday, 7 Sep 2018 05:37pm EDT 

Sept 7 (Reuters) - Algonquin Power & Utilities Corp ::ALGONQUIN POWER & UTILITIES CORP FILES FOR MIXED SHELF OF UP TO $3 BILLION – SEC FILING.  Full Article

Abengoa Says Working To Close Sale Of 25 Pct Of Atlantica Yield In Coming Days
Monday, 5 Mar 2018 11:46am EST 

March 5 (Reuters) - Abengoa SA ::SAYS ALL CONDITIONS FOR SALE OF 25 PERCENT OF ATLANTICA YIELD HAVE BEEN SATISFIED OR WAIVED.SAYS THE PARTIES ARE WORKING TO CLOSE THE TRANSACTION IN THE FOLLOWING DAYS.  Full Article

Algonquin Power & Utilities Qtrly Adjusted Earnings Per Share $0.20
Thursday, 1 Mar 2018 06:43pm EST 

March 1 (Reuters) - Algonquin Power & Utilities Corp ::ANNOUNCES 2017 FOURTH QUARTER AND YEAR END FINANCIAL RESULTS.QTRLY ADJUSTED EARNINGS PER SHARE $0.20; QTRLY EARNINGS PER SHARE $0.14 ‍​.QTRLY REVENUE $523.4 MILLION VERSUS $310.2‍​ MILLION.  Full Article

Algonquin Power & Utilities Corp Q3 earnings per share $0.15
Tuesday, 14 Nov 2017 05:00pm EST 

Nov 14 (Reuters) - Algonquin Power & Utilities Corp :Algonquin Power & Utilities Corp. announces 2017 third quarter and year to date financial results.Algonquin Power & Utilities Corp - qtrly ‍adjusted net earnings per share $0.16​.Algonquin Power & Utilities Corp - qtrly earnings per share $0.15.Algonquin Power & Utilities Corp - qtrly ‍revenue $443.3 million versus $221.3​ million.Q3 earnings per share view c$0.12 -- Thomson Reuters I/B/E/S.Q3 revenue view C$508.4 million -- Thomson Reuters I/B/E/S.  Full Article

Abengoa to sell 25 pct of Atlantica Yield with capital gain of about 96 mln euros
Thursday, 2 Nov 2017 02:11am EDT 

Nov 2 (Reuters) - ABENGOA SA ::SAID ON WEDNESDAY IT HAD ENTERED INTO A DEAL WITH ALGONQUIN POWER & UTILITIES CORP FOR THE SALE OF A 25 PERCENT STAKE IN ATLANTICA YIELD (AY).THE AGREED PURCHASE PRICE OF $24.25 PER SHARE IS SUBJECT TO CERTAIN DEDUCTIONS INCLUDED IN THE AGREEMENT AS WELL AS TRANSACTION COSTS.THE CAPITAL GAIN WILL BE EFFECTIVE UPON CLOSING THE TRANSACTION, WITH AN ESTIMATED AMOUNT OF ABOUT 96 MILLION EUROS.THE PARTIES ALSO AGREED AN EARN-OUT MECHANISM BY WHICH ABENGOA WILL BENEFIT FROM 30 PERCENT OF THE FIRST $2.00 OF ATLANTICA YIELD'S SHARE PRICE REVALUATION, IMPLYING A MAXIMUM ADDITIONAL AMOUNT OF $0.60 PER SHARE.THE EARN-OUT STRUCTURE WILL BE TRIGGERED ON THE FIRST ANNIVERSARY OF THE CLOSING OF THE TRANSACTION.ABENGOA ALSO GRANTED THE PURCHASER AN OPTION TO ACQUIRE THE REMAINING 16.5 PERCENT OF THE COMPANY'S STAKE IN AY UNDER THE SAME CONDITIONS AND AT THE SAME PRICE AND A RIGHT OF FIRST REFUSAL TO BE EXERCISED DURING THE FIRST QUARTER OF 2018.ABENGOA AND ALGONQUIN ENTERED INTO A MEMORANDUM OF UNDERSTANDING TO JOINTLY INCORPORATE A GLOBAL UTILITY INFRASTRUCTURE COMPANY .  Full Article

Algonquin Power to buy 25 pct stake in Atlantica from Abengoa
Wednesday, 1 Nov 2017 05:24pm EDT 

Nov 1 (Reuters) - Abengoa Sa :Algonquin Power & Utilities - ‍entered agreement to buy from Abengoa 25% equity interest in atlantica yield for a total purchase price of about $608 million​.Algonquin Power & Utilities Corp says ‍investment in Atlantica is expected to be immediately accretive​.Algonquin power & utilities corp says deal will be partially financed through concurrent bought deal $500 million common equity offering of apuc shares​.  Full Article

Algonquin Power & Utilities Corp. Announces $500 million bought deal offering of common shares
Wednesday, 1 Nov 2017 05:15pm EDT 

Nov 1 (Reuters) - Algonquin Power & Utilities Corp :Algonquin Power & Utilities Corp. announces $500 million bought deal offering of common shares.Algonquin Power & Utilities- ‍entered into deal under which underwriters to buy 37.8 million common shares of APUC at a price of $13.25 per common share​.Algonquin Power & Utilities- proceeds of offering to be used, partly,to finance co's acquisition of Abengoa's 25% ownership stake in Atlantica yield​.  Full Article

Algonquin Power & Utilities' unit to acquire St. Lawrence Gas Company.​
Thursday, 31 Aug 2017 08:00am EDT 

Aug 31 (Reuters) - Algonquin Power & Utilities Corp :Algonquin Power & Utilities - unit entered into agreement with Enbridge Gas Distribution Inc to acquire St. Lawrence Gas Company Inc​.Algonquin Power & Utilities Corp - ‍will finance transaction using cash on hand and existing credit facilities​.Algonquin Power & Utilities Corp - ‍proposed transaction is structured as a stock purchase in exchange for a cash purchase price of U.S. $70 million​.  Full Article

Algonquin Power & Utilities reports Q2 earnings per share $0.12
Thursday, 10 Aug 2017 06:51pm EDT 

Aug 10 (Reuters) - Algonquin Power & Utilities Corp -:Algonquin Power & Utilities Corp announces 2017 second quarter and year to date financial results.Qtrly earnings per share $0.12.Qtrly revenue $453.2 million versus $222.8 million.Qtrly adjusted earnings per share $0.13.Q2 earnings per share view c$0.14 -- Thomson Reuters I/B/E/S.  Full Article

Algonquin Power & Utilities announces Q1 earnings per share C$0.07
Thursday, 11 May 2017 07:28pm EDT 

May 11 (Reuters) - Algonquin Power & Utilities Corp :Algonquin Power & Utilities Corp. announces 2017 first quarter financial results.Q1 earnings per share C$0.07.Q1 revenue C$557.9 million versus I/B/E/S view C$606.6 million.Q1 earnings per share view C$0.26 -- Thomson Reuters I/B/E/S.Q1 adjusted earnings per share C$0.25.  Full Article