Algonquin Power & Utilities

Algonquin Power & Utilities Corp. Announces Settlement Rate for Corporate Units Issued in June 2021

Retrieved on: 
Jeudi, juin 13, 2024
Indian stock exchange, Algonquin Power & Utilities, AQN, TSX, Treasury, Security (finance)

OAKVILLE, ON, June 13, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN" or the "Company") today announced the settlement rate for the share purchase contracts that are components of its outstanding corporate units (the "Corporate Units") issued in June 2021.

Key Points: 
  • OAKVILLE, ON, June 13, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN" or the "Company") today announced the settlement rate for the share purchase contracts that are components of its outstanding corporate units (the "Corporate Units") issued in June 2021.
  • Consequently, on June 17, 2024, each holder of Corporate Units on that date will receive, following payment of $50.00 for each Corporate Unit held, 3.3439 Common Shares for each such unit.
  • Upon settlement of all outstanding share purchase contracts, Algonquin will receive $1.15 billion in exchange for approximately 76.9 million Common Shares.
  • In addition, on June 17, 2024, (i) each Corporate Unit holder of record on June 1, 2024 will receive the final quarterly cash distribution of $0.96875 payable per Corporate Unit and (ii) Algonquin will voluntarily delist the Corporate Units from the New York Stock Exchange.

Atlantica Enters into Agreement to be Acquired by Energy Capital Partners and Co-Investors

Retrieved on: 
Mardi, mai 28, 2024
Slate, High court, Projection, Citigroup, Risk, Latham & Watkins, Weil, Gotshal & Manges, Federal Energy Regulatory Commission, Safety, Report, Transaction, Growth, Partner, Scheme, ECP, Attention, Acquisition, Annual report, LLP, Form 6-K, Court, Algonquin Power & Utilities, Communication, Foreign investment, Committee, Security (finance)

Bidco is controlled by Energy Capital Partners (“ECP”), a leading investor across energy transition, electrification and decarbonization infrastructure assets, and includes a large group of institutional co-investors.

Key Points: 
  • Bidco is controlled by Energy Capital Partners (“ECP”), a leading investor across energy transition, electrification and decarbonization infrastructure assets, and includes a large group of institutional co-investors.
  • The transaction values Atlantica at an equity value of approximately $2,555 million.
  • The transaction is to be completed pursuant to a scheme of arrangement (the “Scheme”) under the U.K. Companies Act 2006.
  • Latham & Watkins LLP acted as legal advisor to Energy Capital Partners.

E Source Announces Presence at CS Week Conference 48, Celebrates Client Wins

Retrieved on: 
Mardi, avril 23, 2024
Elohist, CX, City, Level 2, EEA, CS, CSS, Innovation, Conference, Research, Success, Fort Worth Convention Center, Data science, CIS, IVR, Algonquin Power & Utilities, Distinguishing, Woman

Alongside exhibiting, speaking, and sponsoring segments at this year's conference, the utilities-focused solutions provider is celebrating two client wins – the City of Tallahassee and Citizens Energy Group (Citizens) - at CS Week's Expanding Excellence Awards (EEA).

Key Points: 
  • Alongside exhibiting, speaking, and sponsoring segments at this year's conference, the utilities-focused solutions provider is celebrating two client wins – the City of Tallahassee and Citizens Energy Group (Citizens) - at CS Week's Expanding Excellence Awards (EEA).
  • "It is rewarding to see Citizens Energy Group and the City of Tallahassee be honored at CS Week for their commitment to improving CX.
  • To learn more about E Source at CS Week, attendees can visit the E Source Booth #206 at the Fort Worth Convention Center.
  • For more information about E Source's conference agenda and to schedule a meeting with E Source experts at CS Week, visit https://www.esource-csweek.com/ .

Algonquin Power & Utilities Corp. to Add Brett Carter and Christopher Lopez to the Board of Directors

Retrieved on: 
Jeudi, avril 18, 2024
Weil, Gotshal & Manges, Sale, Agreement, Executive, Annual general meeting, Blake, Cassels & Graydon, TSX, Hydro One, AQN, Good, Information technology, Public utility, Algonquin Power & Utilities, Port and starboard, Form 6-K, Interim, Xcel Energy, Knowledge, Management

As a result, following the Annual Meeting, Algonquin's Board will continue to be comprised of nine directors.

Key Points: 
  • As a result, following the Annual Meeting, Algonquin's Board will continue to be comprised of nine directors.
  • Jeff Smith, Chief Executive Officer of Starboard, commented, "Throughout our engagement with Algonquin, we have appreciated the open dialogue with management.
  • Christopher Huskilson, Interim Chief Executive Officer and member of the Algonquin Board, said, "On behalf of Algonquin and the Board, I want to thank Ken and Masheed for their outstanding contributions to our Board over the last 14 and 10 years, respectively.
  • J.P. Morgan is serving as financial advisor to Algonquin and Blake, Cassels & Graydon LLP and Weil, Gotshal & Manges LLP are serving as legal counsel.

Algonquin Power & Utilities Corp. Announces Date for First Quarter 2024 Financial Results and Conference Call

Retrieved on: 
Mercredi, avril 10, 2024
Conference call, Interim, Algonquin Power & Utilities, TSX, Conference, AQN

OAKVILLE, ON, April 10, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN") today announced plans to release its first quarter 2024 financial results on Friday, May 10, 2024, before market open.

Key Points: 
  • OAKVILLE, ON, April 10, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN") today announced plans to release its first quarter 2024 financial results on Friday, May 10, 2024, before market open.
  • AQN will hold an earnings conference call at 8:30 a.m. eastern time on Friday, May 10, 2024, hosted by Interim Chief Executive Officer, Chris Huskilson, and Chief Financial Officer, Darren Myers.
  • Conference call details are as follows:

Laser Photonics Receives Order From Liberty Utilities for Its MarkStar Pro Laser Marking System

Retrieved on: 
Jeudi, février 1, 2024
Manufacturing, Other Manufacturing, Other Technology, Technology, Machine Tools, Metalworking & Metallurgy, Clean technology, Grazing, Tree, Documentation, LPC, Algonquin Power & Utilities, APUC, Electricity

Laser Photonics Corporation (LPC), a leading global developer of CleanTech laser systems for laser cleaning and other material applications, today announced it received an order from Liberty Utilities, an Algonquin Power & Utilities Corp. (APUC) subsidiary, for its MarkStar 20-MSH-Pro laser marking system.

Key Points: 
  • Laser Photonics Corporation (LPC), a leading global developer of CleanTech laser systems for laser cleaning and other material applications, today announced it received an order from Liberty Utilities, an Algonquin Power & Utilities Corp. (APUC) subsidiary, for its MarkStar 20-MSH-Pro laser marking system.
  • Cost-effective, time-efficient and easy to use, the MarkStar Pro laser marking system provides a solution guaranteed to streamline operations and increase documentation accuracy and ease of tracking.
  • For more information about the MarkStar line of laser marking systems, please visit https://www.laserphotonics.com or contact our sales department at [email protected] .
  • The MarkStar Pro Handheld Laser Marker by Laser Photonics is the industry’s first handheld laser marking & laser engraving system designed for true portability around the shop and in the field.

Algonquin Power & Utilities Corp. Appoints New Independent Director

Retrieved on: 
Vendredi, février 2, 2024
Algonquin Power & Utilities, TSX, Partner (business rank), New York Stock Exchange, Growth, Brookfield (corporation), AQN

OAKVILLE, ON, Feb. 2, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN" or the "Company") (TSX: AQN) (NYSE: AQN) today announced its Board of Directors (the "Board") has appointed David Levenson, formerly Managing Partner at Brookfield Asset Management, to the Board, effective immediately.

Key Points: 
  • OAKVILLE, ON, Feb. 2, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN" or the "Company") (TSX: AQN) (NYSE: AQN) today announced its Board of Directors (the "Board") has appointed David Levenson, formerly Managing Partner at Brookfield Asset Management, to the Board, effective immediately.
  • Following Mr. Levenson's appointment, the Board is comprised of nine directors, eight of whom are independent for the purposes of Canadian securities laws and New York Stock Exchange corporate governance standards.
  • "We welcome David to the Board as we advance our strategic transformation into a pure play regulated utility," said Kenneth Moore, Chair of the Algonquin Board of Directors.
  • "We identified David through our normal course director search process, and we believe his experience and expertise will benefit the Company.

Algonquin Power & Utilities Corp. Announces Date for Fourth Quarter and Full Year 2023 Financial Results and Conference Call

Retrieved on: 
Jeudi, janvier 11, 2024
Conference call, TSX, AQN, Conference, Interim, Algonquin Power & Utilities

OAKVILLE, ON, Jan. 11, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN") today announced plans to release its fourth quarter and full year 2023 financial results on Friday, March 8, 2024, before market open.

Key Points: 
  • OAKVILLE, ON, Jan. 11, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN") today announced plans to release its fourth quarter and full year 2023 financial results on Friday, March 8, 2024, before market open.
  • AQN will hold an earnings conference call at 8:30 a.m. eastern time on Friday, March 8, 2024, hosted by Interim Chief Executive Officer, Chris Huskilson, and Chief Financial Officer, Darren Myers.
  • Conference call details are as follows:

C3 AI Expands Strategic Collaboration Agreement with AWS

Retrieved on: 
Mardi, novembre 14, 2023
Software, Networks, Data Analytics, Internet, Artificial Intelligence, Professional Services, Technology, Electronic Commerce, Shan Nationalities Democratic Party, Enterprise, Algonquin Power & Utilities, NYSE, Organization, SCA, Federation, Artificial intelligence, Machine learning, Amazon Web Services, AI, AWS, Customer service, Sales

C3 AI (NYSE: AI), the Enterprise AI application software company, today announced an expansion of its Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) to deliver artificial intelligence (AI) solutions designed to solve customers’ critical business challenges across a variety of industries.

Key Points: 
  • C3 AI (NYSE: AI), the Enterprise AI application software company, today announced an expansion of its Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) to deliver artificial intelligence (AI) solutions designed to solve customers’ critical business challenges across a variety of industries.
  • Under the expanded SCA, C3 AI and AWS will focus on continuing to offer advanced generative AI solutions for enterprises.
  • “We’ve seen continued enthusiasm in the C3 Generative AI Suite since its launch, and as interest continues to grow, our collaboration is focused on building a quick and easy onboarding process so our shared customers can start seeing immediate value from generative AI,” said C3 AI CEO Thomas M. Siebel.
  • The C3 Generative AI Suite, the C3 AI Platform, and C3 AI applications all run on AWS and make use of AWS’s powerful set of AI, machine learning (ML), and data analytics services.

4Front Ventures Announces Appointment of New Chief Financial Officer

Retrieved on: 
Mercredi, novembre 29, 2023
CSE, Entrepreneurship, CFO, Imagination, Venture, Algonquin Power & Utilities, Management

PHOENIX, Nov. 29, 2023 /PRNewswire/ - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company"), a vertically integrated, multi-state cannabis operator and retailer, today announced that Peter Kampian has been appointed Chief Financial Officer ("CFO"), effective December 1, 2023.

Key Points: 
  • PHOENIX, Nov. 29, 2023 /PRNewswire/ - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company"), a vertically integrated, multi-state cannabis operator and retailer, today announced that Peter Kampian has been appointed Chief Financial Officer ("CFO"), effective December 1, 2023.
  • Kampian will employ his wealth of experience in the financial sector to elevate the Company's finance and accounting functions.
  • Most recently, he has applied his expertise as the Chief Restructuring Officer for the Canadian cannabis companies PharmHouse Inc. and Muskoka Grown Limited.
  • For more information about 4Front Ventures Corp.'s leadership team, products and services, please visit https://4frontventures.com/ .