Algonquin Power & Utilities Cor
AQNA
New York Stock Exchange25.10
USD
-0.03
- -
CIK
0001174169
ISIN
US0158577090
CUSIP
015857709
Return %
Stock
S&P500
1Y
3.16
26.84
3Y
-9.81
77.03
5Y
-0.40
80.55
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- None
- Sector
- Utilities
- Industry
- Diversified Utilities
- Address
- United States of America
- IPO Date
- Oct 23, 2018
- CIK
- 0001174169
- Similar Companies
- Business
- Algonquin Power & Utilities Corp (AQNA) operates as a diversified international generation, transmission, and distribution utility company, providing rate-regulated electricity, water, wastewater collection and treatment, gas distribution, and renewable energy generation services. The company generates renewable power through hydroelectric, wind, solar, and thermal facilities; distributes electricity and natural gas to residential, commercial, and industrial customers; and supplies water distribution, wastewater collection and treatment services across multiple jurisdictions. Its core offerings include regulated utilities such as electric transmission and distribution via subsidiaries like Vermont Electric Power Company and New York State Electric & Gas; water and wastewater services through Pinnacle Water and St. Thomas Water Resources; natural gas distribution by Sagen Gas; and independent power production from approximately 400 MW of hydroelectric capacity, 1,500 MW of wind assets, and other renewables branded under Algonquin Power. Founded in 1988 and headquartered in Oakville, Ontario, Canada, Algonquin Power & Utilities serves customers primarily in North America, with operations spanning the United States (including states like New York, Vermont, Georgia, Missouri, and California), Canada (Ontario, Quebec, New Brunswick), and select international markets such as Bermuda, Chile, and the United Kingdom. The company targets regulated utility customers, municipalities, and commercial entities in the energy and water sectors, operating through three main segments: Regulated Services Group, Renewable Energy Group, and Hydro-Québec Transmission Line (a joint venture). It maintains a portfolio of approximately 20 regulated utilities and over 50 renewable energy facilities, emphasizing long-term contracted power sales and rate-based asset growth. In the last two years, Algonquin has pursued strategic expansions including the US$1.1 billion acquisition of three utilities from FirstEnergy Corp in 2024, adding 260,000 electric and 47,000 water customers across Ohio, Pennsylvania, and West Virginia to bolster its regulated distribution footprint. The company completed the sale of its entire 305 MW New York wind portfolio to Constellation Energy for approximately CAD 900 million in late 2024, enabling a focus on core regulated operations and balance sheet strengthening. Additionally, Algonquin announced workforce reductions and operational efficiencies in 2024 amid a CEO transition, with new leadership under CEO Chris Huskilson driving a refined capital allocation strategy targeting 5-7% annual rate base growth through 2028.
Emera: This Dividend Grower Has A Sunny Future
Canadian All-Star Stocks: Dividend Increases - Week Of Sept. 7
WEC Energy's Business Is Resilient Even In The Midst Of A Challenging Environment
Baby Bonds Complete Review
Algonquin Power & Utilities Corp. 2020 Q2 - Results - Earnings Call Presentation
Algonquin Power & Utilities Corp. (AQN) CEO Arun Banskota on Q2 2020 Results - Earnings Call Transcript
Baby Bonds Complete Review
Algonquin: Outlook Remains Favorable With Its U.S.$9.2 Billion Capital Projects
15 Kiplinger 'Global Aristocrats' Are Spot On For July
Baby Bonds Complete Review