Algonquin Power & Utilities Corp

Algonquin Power & Utilities Corp. (AQN) is a diversified regulated utility company incorporated under the Canada Business Corporations Act. The company operates across two business units: the Regulated Services Group, which owns and operates a portfolio of regulated electric, water distribution and wastewater collection, and natural gas utility systems and transmission operations in the United States, Canada, Bermuda and Chile, serving approximately 1,291,000 customer connections; and the Hydro Group, which consists of 14 hydroelectric generating facilities in Canada with approximately 112 MW of gross generating capacity. The Regulated Services Group's electric systems serve approximately 314,000 connections across Arkansas, California, Kansas, Missouri, Nevada, New Hampshire, Oklahoma, and Bermuda, with approximately 2.0 GW of owned generating capacity. Its natural gas distribution systems serve approximately 378,000 connections in Georgia, Illinois, Iowa, Massachusetts, Missouri, New Hampshire, New York, and New Brunswick. Its water and wastewater systems serve approximately 599,000 connections in Arizona, Arkansas, California, Illinois, Missouri, New York, Texas, and Chile. In January 2025, the company completed the sale of its renewable energy business (excluding hydro) to LS Power for approximately $2.1 billion, transitioning to a pure-play regulated utility. The company operates utilities across 13 U.S. states, one Canadian province, Bermuda and Chile, subject to regulation from 17 different regulatory agencies including FERC. AQN maintains investment grade credit ratings of BBB from S&P, BBB from DBRS, and BBB from Fitch. The company's common shares trade on the New York Stock Exchange and the Toronto Stock Exchange under the symbol AQN. Updated May 8, 2026