Edition:
United Kingdom

Algonquin Power & Utilities Corp (AQN.TO)

AQN.TO on Toronto Stock Exchange

14.08CAD
3:50pm GMT
Change (% chg)

$0.00 (+0.00%)
Prev Close
$14.08
Open
$14.14
Day's High
$14.14
Day's Low
$14.04
Volume
259,360
Avg. Vol
916,986
52-wk High
$14.35
52-wk Low
$10.57

Latest Key Developments (Source: Significant Developments)

Algonquin Power & Utilities Corp Q3 earnings per share $0.15
Tuesday, 14 Nov 2017 

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 

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 

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 

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 qtrly adj net earnings per share C$0.18
Friday, 3 Mar 2017 

Algonquin Power & Utilities Corp : Qtrly adjusted net earnings per share C$0.18 . Algonquin Power & Utilities Corp. announces 2016 fourth quarter and year end financial results . Qtrly net earnings from continuing operations per share C$0.16 .Qtrly revenue C$310.2 million versus C$260.3 million.  Full Article

Algonquin power qtrly adj shr $0.11
Friday, 12 Aug 2016 

Algonquin Power & Utilities Corp : Algonquin Power & Utilities Corp. announces 2016 second quarter and year to date financial results . Q2 revenue c$222.8 million versus i/b/e/s view c$244.4 million .Adjusted net earnings of $30.9 million or $0.11 per common share in the second quarter of 2016.  Full Article

Algonquin power qtrly adj shr $0.11
Friday, 12 Aug 2016 

Algonquin Power & Utilities Corp : Algonquin Power & Utilities Corp. announces 2016 second quarter and year to date financial results . Q2 revenue c$222.8 million versus i/b/e/s view c$244.4 million .Adjusted net earnings of $30.9 million or $0.11 per common share in the second quarter of 2016.  Full Article

Empire shareholders approve merger with Algonquin Power & Utilities Corp
Thursday, 16 Jun 2016 

Empire District Electric Co : Empire shareholders approve merger with Algonquin Power & Utilities Corp . Says shareholders approved merger agreement with approximately 95.5 percent of votes cast .Continue to expect transaction to close in Q1 of 2017.  Full Article

Algonquin Power & Utilities adjusted net earnings $0.21/shr
Friday, 13 May 2016 

Algonquin Power & Utilities Corp : Qtrly adjusted net earnings $0.21 per share . Board approved a 10% dividend increase to a total annual dividend of u.s. $0.4235 per common share . Algonquin power & utilities corp. Announces 2016 first quarter financial results . Q1 earnings per share c$0.15 . Q1 revenue c$341.7 million versus i/b/e/s view c$406.5 million .Q1 earnings per share view c$0.20 -- Thomson Reuters I/B/E/S.  Full Article

Algonquin Power & Utilities announces 10% dividend increase
Thursday, 12 May 2016 

Algonquin Power & Utilities Corp : Approved a dividend increase of u.s. $0.0385 annually per common share to a total dividend of u.s. $0.4235 per common share . Declared a dividend of u.s. $0.1059 per share on its common shares .Algonquin power & utilities corp. Announces 10% dividend increase and declares second quarter 2016 common share dividend of u.s. $0.1059 (cdn. $0.13613).  Full Article

BRIEF-Algonquin Power & Utilities Corp Q3 earnings per share $0.15

* Algonquin Power & Utilities Corp. announces 2017 third quarter and year to date financial results