TSX:AQNIntegrated Utilities
Algonquin’s Shift To Regulated Utility Puts Valuation And Dividend In Focus
Algonquin Power & Utilities has completed the sale of its non regulated renewable energy business, moving toward a pure play regulated utility model.
The company plans to use sale proceeds to reduce debt and support a refreshed leadership team's focus on capital execution.
Algonquin faces a busy regulatory calendar, with outcomes that may influence its long term outlook and dividend stability.
For investors watching TSX:AQN, this shift comes after a period of scrutiny around its balance...