On Tuesday, September 13, I Bought 300 shares of Algonquin Power & Utilities Corp. at CA$ 11.78 per share plus commission.
Algonquin Power & Utilities Corp., through its
subsidiaries, engages in the generation, distribution, and transmission utility
assets in North America. The company generates and sells electrical energy
through a portfolio of non-regulated renewable and clean energy power
generation facilities. It owns or has interests in hydroelectric facilities
with a combined generating capacity of approximately 120 megawatts (MW); wind
powered generating facilities with a combined generating capacity of 700 MW;
and solar energy facilities with a generating capacity of 30 MW, as well as
interests in thermal energy facilities with an installed generating capacity of
approximately 335 MW. The company also owns and operates electricity, natural
gas, water distribution, and wastewater collection utility systems to
approximately 489,000 connections. It serves approximately 93,000 electric
connections; 292,000 natural gas connections; and 104,000 regulated water
distribution and wastewater collection connections in the states of California,
New Hampshire, Georgia, Illinois, Iowa, Massachusetts, Missouri, Arizona,
Arkansas, and Texas. The company was founded in 1996 and is headquartered in
Oakville, Canada.
