Algonquin Power & Utilities Corp. (AQNU) Research

Algonquin Power & Utilities Corp. (AQNU), operating through its subsidiaries, manages and operates a broad array of utility assets, encompassing both regulated and non-regulated infrastructure for power generation, distribution, and transmission. Its business is structured into two main divisions: the Regulated Services Group and the Renewable Energy Group. The Regulated Services division oversees a collection of rate-regulated utilities situated across the United States, Canada, Chile, and Bermuda. These utilities are responsible for delivering essential distribution services for electricity, natural gas, and water and wastewater to roughly 1,093,000 customer connections. Conversely, the Renewable Energy Group focuses on generating and marketing electrical power, capacity, ancillary products, and renewable energy credits derived from its diverse portfolio of renewable and clean power generation facilities, predominantly in the United States and Canada. This includes owning and operating hydroelectric, wind, solar, and thermal facilities, as well as various clean energy and water infrastructure assets. Established in 1988, the corporation maintains its headquarters in Oakville, Canada.

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