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Algonquin Power & Utilities Corp (AQN.TO)

AQN.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Algonquin Power & Utilities QTRLY Adjusted Net Earnings Per Share $0.11
Friday, 10 Aug 2018 

Algonquin Power & Utilities Corp ::. ANNOUNCES 2018 SECOND QUARTER AND YEAR TO DATE FINANCIAL RESULTS.QTRLY REVENUES OF U.S.$366.2 MILLION, A YEAR-OVER-YEAR INCREASE OF 9%.QTRLY ADJUSTED NET EARNINGS PER SHARE $0.11.QTRLY NET EARNINGS ATTRIBUTABLE TO SHAREHOLDERS $0.14.  Full Article

Algonquin Power & Utilities Corp. Announced 10 Pct Dividend Increase
Friday, 11 May 2018 

May 10 (Reuters) - Algonquin Power & Utilities Corp ::ALGONQUIN POWER & UTILITIES CORP. ANNOUNCED 10% DIVIDEND INCREASE AND DECLARES SECOND QUARTER 2018 COMMON SHARE DIVIDEND OF U.S. $0.1282 (C$0.1648).  Full Article

Algonquin Power & Utilities Corp. Reports Q1 Adjusted Earnings Per Share $0.32
Friday, 11 May 2018 

May 10 (Reuters) - Algonquin Power & Utilities Corp ::. ANNOUNCES 2018 FIRST QUARTER FINANCIAL RESULTS.QTRLY REVENUE OF U.S.$494.8 MILLION, A YEAR-OVER-YEAR INCREASE OF 17%.Q1 ADJUSTED EARNINGS PER SHARE $0.32.QTRLY NET EARNINGS ATTRIBUTABLE TO SHAREHOLDERS PER SHARE $0.04.  Full Article

Abengoa Agrees With Algonquin Sale Of 16.47 Pct Of Atlantica Yield
Tuesday, 17 Apr 2018 

April 17 (Reuters) - Abengoa SA ::SAYS REACHED AGREEMENT WITH ALGONQUIN POWER & UTILITIES CORP. FOR SALE OF REMAINING 16.47 PERCENT OF SHARE CAPITAL OF ATLANTICA YIELD.SAYS TRANSACTION PRICE IS 20.90 USD PER SHARE.  Full Article

Algonquin Power & Utilities Corp Q3 earnings per share $0.15
Wednesday, 15 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
Thursday, 2 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
Thursday, 2 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

BRIEF-Abengoa Agrees With Algonquin Sale Of 16.47 Pct Of Atlantica Yield

* SAYS REACHED AGREEMENT WITH ALGONQUIN POWER & UTILITIES CORP. FOR SALE OF REMAINING 16.47 PERCENT OF SHARE CAPITAL OF ATLANTICA YIELD