Algonquin Power & Utilities Corp - Company Profile
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Algonquin Power & Utilities Corp (AQN) is a utility company that provides energy and water solutions and services. The company primarily offers regulated electricity, water, and natural gas utility services. The company generates electricity through renewable generation facilities. AQN owns a direct or indirect interest in hydroelectric projects. It has electricity distribution operation in Arkansas, California, Kansas, Missouri, New Hampshire, and Oklahoma; natural gas distribution operation in in Georgia, Illinois, Iowa, Missouri, Massachusetts, New York , New Hampshire and Brunswick, Canada; and conducts water distribution and wastewater collection in Arizona, Arkansas, California, Illinois, Missouri, Texas and also overseas in Chile. It also invests in various renewable energy development projects. The company operates in North America. AQN is headquartered in Oakville, Ontario, Canada.
Algonquin Power & Utilities Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Natural Gas | Natural Gas Distribution |
| Water | Electricity Distribution |
| Electricity | Water Distribution |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Divestiture | In January, the company sold its renewable energy business to LS Power, an energy infrastructure development and operating company. |
| 2024 | Stake Sale | In December, the company sold its 42.2% stake in Atlantica Sustainable Infrastructure plc. |
| 2024 | Contracts/Agreements | In August, the company signed an agreement to sell its renewable energy business to a subsidiary of LS Power, an investment, development, and operating company for US$2.5 billion. |
Competitor Comparison
| Key Parameters | Algonquin Power & Utilities Corp | AltaGas Ltd | Capital Power Corp | Northland Power Inc | Innergex Renewable Energy Inc |
|---|---|---|---|---|---|
| Headquarters | Canada | Canada | Canada | Canada | Canada |
| City | Oakville | Calgary | Edmonton | Toronto | Longueuil |
| State/Province | Ontario | Alberta | Alberta | Ontario | Quebec |
| No. of Employees | 3,786 | 2,723 | 741 | 1,100 | 606 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| D. Randy Laney | Chairman | Executive Board | 2017 | - |
| Robert J. Stefani | Chief Financial Officer | Senior Management | 2026 | - |
| Peter Norgeot | Chief Operating Officer | Senior Management | 2026 | - |
| Colin Penny | Chief Information Officer | Senior Management | 2021 | - |
| Jennifer Tindale | Chief Legal Officer; Secretary | Senior Management | 2017 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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