Recent Updates — AGQPF

Algonquin Power & Utilities Corp. reported a third-quarter net loss attributable to common shareholders of $14.5 million, or $0.07 per share, compared to a net income of $36.2 million in the prior-year period. Revenue increased 10% to $642.5 million, driven by rate implementations and favorable weather at Empire District Electric. The decline in earnings was primarily due to a $31.0 million drop in Regulated Services Group net earnings, caused by higher interest expenses from debt refinancing, non-recoverable costs related to the Mountain View Fire, and losses on assets held for sale from the Chilean utility divestiture. Adjusted Net Earnings per share rose 22% to $0.11. The company operates regulated electric, natural gas, water, and wastewater utilities in North America.

Algonquin Power & Utilities Corp. has completed the previously announced sale of its approximately 64% ownership interest in Chilean water utility Suralis S.A. to a fund managed by Toesca S.A. Administradora General de Fondos. The transaction, originally announced on August 28, 2026, generated total proceeds of approximately $126.4 million and includes an earnout opportunity of up to $1.5 million. Management stated the sale advances portfolio simplification efforts and supports capital deployment priorities, with proceeds expected for debt paydown and recycling into the company's 2026-2028 capital plan. Algonquin Power & Utilities Corp. is a diversified international generation, transmission, and distribution utility providing energy and water solutions.

Algonquin Power & Utilities Corp. announced an agreement to sell its approximately 64% ownership stake in Chilean water utility Suralis S.A. to Toesca S.A. Administradora General de Fondos for total expected proceeds of $126.5 million, plus an earnout opportunity of up to $1.5 million. The transaction is expected to close within the next two quarters and is subject to customary closing conditions, including merger control approval. Proceeds will be used for debt paydown and capital recycling into the company’s $3.2 billion 2026-2028 capital plan. Algonquin Power & Utilities Corp. operates as a diversified international generation, transmission, and distribution utility providing energy and water solutions.