← Back

Algonquin Power & Utilities Corp

Algonquin Power & Utilities Corp. operates in the power and utility industries. It owns and operates regulated electric, water distribution, wastewater collection, and natural gas utility systems, as well as transmission operations. As of December 31, 2025, it served approximately 1,272,000 customer connections across the United States, Canada, Bermuda, and Chile. The company also owns generating assets with a gross capacity of approximately 2.0 GW and investments in generating assets with approximately 0.3 GW of net generation capacity. It was formerly known as Traduction Militech Translation Inc. in October 2009, was incorporated in 1988, and is headquartered in Oakville, Canada.

Price · split & dividend adjusted
News & notes moving AQN
AQN2

Algonquin Sells Chilean Water Stake for $126.5M

Algonquin Power & Utilities Corp. has agreed to sell its approximately 64% interest in Chilean water utility Suralis S.A. to a fund managed by Toesca S.A. Administradora General de Fondos, which already owns about 30% of Suralis. The deal is expected to generate $126.5 million in proceeds, plus an earnout of up to $1.5 million, with closing anticipated within the next two quarters subject to merger-control approval. The company plans to use the proceeds for debt reduction and capital recycling into its $3.2 billion regulated capital plan for 2026 through 2028, but the base proceeds represent just under 4% of that three-year plan, so the sale is strategically coherent yet financially incremental. While the divestment reduces geographic and regulatory complexity, it also surrenders earnings from an established regulated water business, and the announcement did not quantify Suralis's earnings contribution or provide a transaction multiple. Hedge fund sentiment has weakened, with 24 funds holding AQN at the end of 2Q2026, down from 28 three months earlier.
AQN
Insider Monkey·14dRead more →
AQN▼

Algonquin Power Plans US Redomicile as Earnings Slip

Algonquin Power & Utilities announced plans to redomicile from Canada to Delaware with a new Chicago headquarters while reporting lower second-quarter earnings. GAAP net earnings fell to $4.9 million from $14.8 million a year earlier, and adjusted net earnings dropped to $29.2 million from $33.6 million. The company cited $25.7 million in favorable items in 2025 that did not repeat, a $17.2 million write-down tied to a California wildfire cost proceeding, and higher interest and operating expenses. Regulatory wins included $97 million in annualized revenue adjustments approved by Missouri and an $8.8 million adjustment in Kansas, plus new rate case filings seeking $38.1 million, $8.4 million, and $35.8 million. Management expects shareholder approval of the redomicile in the first half of 2027 and does not expect to issue equity through 2027.
AQN ▼
Insider Monkey·31dRead more →
AQN▲

Algonquin Power & Utilities declares CAD 0.065 quarterly dividend

Algonquin Power & Utilities declared a quarterly dividend of CAD 0.065 per share, in line with the previous payout. The dividend is payable on October 15 to shareholders of record as of September 29, with the ex-dividend date also set for September 29. The forward yield stands at 3.23%.
AQN ▲
Seeking Alpha·42dRead more →
© 2026 MarketDXAsset