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BRIEF-Algonquin Power to buy 25 pct stake in Atlantica from Abengoa
November 1, 2017 / 9:43 PM / 22 days ago

BRIEF-Algonquin Power to buy 25 pct stake in Atlantica from Abengoa

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​ Source text for Eikon: Further company coverage:

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