Algonquin Power & Utilities Corp.
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About
Algonquin Power & Utilities Corp. is a diversified generation, transmission, and distribution utility company serving customers in the United States, Canada, and internationally. The company operates through Regulated Services (electric, natural gas, and water distribution utilities serving approximately one million customer connections) and Renewable Energy (wind, solar, hydroelectric, and thermal generation facilities). Algonquin's regulated utilities provide essential services in multiple U.S. states and Canadian provinces under cost-of-service regulatory frameworks. The renewable energy portfolio generates clean electricity sold under long-term power purchase agreements. The company has pursued growth through acquisitions of regulated utilities and renewable energy projects. Founded in 1988 and headquartered in Oakville, Ontario, Canada, Algonquin combines regulated utility stability with renewable energy growth. The company benefits from essential service demand, renewable energy expansion, and infrastructure investment needs while managing regulatory relationships, capital allocation, and balance sheet optimization.