Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) has made headlines with its decision to sell its renewable energy business, excluding hydro assets, to LS Power for a substantial total consideration of up to $2.5 billion. This move is part of Algonquin Power & Utilities Corp.’s strategy to evolve into a pure-play regulated utility, aiming to […]
LS Power, a prominent North American power and energy infrastructure development company, has officially announced its agreement to acquire the renewable energy business from Algonquin Power & Utilities Corp., signaling a significant expansion of its renewable energy portfolio. The transaction, expected to close between the fourth quarter of 2024 and the first quarter of 2025, […]