AQN

Algonquin Power & Utilities Corp. Appoints New Independent Director

Retrieved on: 
Friday, February 2, 2024

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: 
Thursday, January 11, 2024

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:

Uniblock Raises a $2.3M Funding Round

Retrieved on: 
Wednesday, November 15, 2023

SAN FRANCISCO, Nov. 15, 2023 /PRNewswire/ -- Uniblock, a San Francisco and Toronto-based startup that's transforming how developers build on the blockchain through its pioneering Unified Web3 API platform, is thrilled to announce a funding round of $2.3 million. The round includes participation from Cadenza, Blockchain Founders Fund, Side Door Ventures, AQN, Serafund, Outsider Ventures, and others.

Key Points: 
  • The round includes participation from Cadenza, Blockchain Founders Fund, Side Door Ventures, AQN, Serafund, Outsider Ventures, and others.
  • Uniblock's goal is to be the default developer platform that companies use when building for the blockchain.
  • Uniblock aims to unify this scattered market by connecting the best blockchain tools such as Alchemy, thirdweb, Moralis, Parsiq, Covalent, QuickNode and many more, into one easy-to-use platform.
  • Uniblock envisions a future where every company can easily build for the blockchain and maintain their product using a singular platform.

Algonquin Power & Utilities Corp. Announces 2023 Third Quarter Financial Results

Retrieved on: 
Friday, November 10, 2023

New rates were offset by unfavourable weather affecting wind production at Empire Electric's renewable assets.

Key Points: 
  • New rates were offset by unfavourable weather affecting wind production at Empire Electric's renewable assets.
  • Renewable Operating Performance Reduced by Unfavourable Weather – The Renewable Energy Group previously added the Deerfield II Wind Facility, which achieved COD in March 2023.
  • The Shady Oaks II Wind Facility has agreed to sell output to a leading financial institution, pursuant to a renewable energy purchase agreement.
  • AQN will hold an earnings conference call at 8:30 a.m. eastern time on Friday, November 10, 2023, hosted by Interim Chief Executive Officer, Chris Huskilson, and Chief Financial Officer, Darren Myers.

Algonquin Power & Utilities Corp. Declares Fourth Quarter 2023 Common Share Dividend of U.S.$0.1085 (C$0.1497), and Declares Fourth Quarter 2023 Preferred Share Dividends

Retrieved on: 
Friday, November 10, 2023

C$0.32263 per preferred share, Series A, payable in cash on January 2, 2024 to preferred share, Series A holders of record on December 15, 2023, for the period from September 30, 2023 to, but excluding, December 31, 2023.

Key Points: 
  • C$0.32263 per preferred share, Series A, payable in cash on January 2, 2024 to preferred share, Series A holders of record on December 15, 2023, for the period from September 30, 2023 to, but excluding, December 31, 2023.
  • C$0.31819 per preferred share, Series D, payable in cash on January 2, 2024 to preferred share, Series D holders of record on December 15, 2023, for the period from September 30, 2023 to, but excluding, December 31, 2023.
  • Effective March 16, 2023, AQN suspended the dividend reinvestment plan ("DRIP") for its common shares.
  • Pursuant to the Income Tax Act (Canada) and corresponding provincial legislation, AQN hereby notifies holders of common shares, preferred shares, Series A, and preferred shares, Series D that such dividends declared qualify as eligible dividends.

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

Retrieved on: 
Wednesday, October 11, 2023

OAKVILLE, ON, Oct. 11, 2023 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN") today announced plans to release its third quarter 2023 financial results on Friday, November 10, 2023, before market open.

Key Points: 
  • OAKVILLE, ON, Oct. 11, 2023 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN") today announced plans to release its third quarter 2023 financial results on Friday, November 10, 2023, before market open.
  • AQN will hold an earnings conference call at 8:30 a.m. eastern time on Friday, November 10, 2023, hosted by Interim Chief Executive Officer, Chris Huskilson, and Chief Financial Officer, Darren Myers.
  • Conference call details are as follows:

Aquanow Launches AQN Digital Ventures Fund to Back Digital Asset Companies

Retrieved on: 
Tuesday, September 19, 2023

Aquanow , the leading digital assets infrastructure provider, today announced the official launch of the AQN Digital Ventures Fund, managed by Aquanow’s investment management subsidiary, AQN Digital.

Key Points: 
  • Aquanow , the leading digital assets infrastructure provider, today announced the official launch of the AQN Digital Ventures Fund, managed by Aquanow’s investment management subsidiary, AQN Digital.
  • AQN Digital Ventures Fund will support the world's most disruptive technologies and provide investors with early-stage access to the most promising founders and businesses of tomorrow, including companies and projects that can tie into its parent Aquanow’s core business and expertise, digital asset infrastructure.
  • “AQN Digital Ventures Fund will accelerate this vision by investing in companies that address problems at various parts of the technology stack for financial service businesses building in crypto.”
    The Fund has invested in seven portfolio companies to date––including participating in the $3.8m seed round of digital currency payment processing platform BoomFi in June.
  • AQN Digital Ventures Fund expects to make one to two additional investments per month moving forward.

Algonquin Power & Utilities Corp. Announces CEO Transition

Retrieved on: 
Thursday, August 10, 2023

Chris Huskilson Appointed Interim CEO, Succeeding Arun Banskota

Key Points: 
  • Chris Huskilson Appointed Interim CEO, Succeeding Arun Banskota
    OAKVILLE, ON, Aug. 10, 2023 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN", "Algonquin" or the "Company") (TSX: AQN) (NYSE: AQN) today announced that energy industry veteran Christopher Huskilson, a member of the Algonquin Board of Directors (the "Board") since 2020, has been appointed Interim Chief Executive Officer, effective immediately.
  • He succeeds Arun Banskota, who has stepped down as President and Chief Executive Officer and as a member of the Board, effective immediately.
  • The Board has engaged a nationally recognized search firm to commence a search process to identify a permanent Chief Executive Officer.
  • "It is a privilege to serve as Interim CEO at this critical juncture for the Company after having chaired the Strategic Review Committee of the Board," said Chris Huskilson, Interim CEO.

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

Retrieved on: 
Tuesday, July 25, 2023

OAKVILLE, ON, July 25, 2023 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN") today announced plans to release its second quarter 2023 financial results on Thursday, August 10, 2023, before market open.

Key Points: 
  • OAKVILLE, ON, July 25, 2023 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN") today announced plans to release its second quarter 2023 financial results on Thursday, August 10, 2023, before market open.
  • AQN will hold an earnings conference call at 8:30 a.m. eastern time on Thursday, August 10, 2023, hosted by President and Chief Executive Officer, Arun Banskota, and Chief Financial Officer, Darren Myers.
  • Conference call details are as follows:

Algonquin Power & Utilities Corp. Holds Annual Meeting of Shareholders and Announces Election of Board of Directors

Retrieved on: 
Tuesday, June 20, 2023

OAKVILLE, ON, June 20, 2023 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN" or the "Company") (TSX: AQN) (NYSE: AQN) today held an annual meeting of common shareholders.

Key Points: 
  • OAKVILLE, ON, June 20, 2023 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN" or the "Company") (TSX: AQN) (NYSE: AQN) today held an annual meeting of common shareholders.
  • At the meeting, all of the nominees listed in the Company's management information circular dated April 27, 2023 were elected as directors of AQN until the next annual meeting of shareholders.
  • On a vote by ballot, each of the following nine nominees proposed by management was elected as a director of AQN.
  • The results of the ballot were as follows: