Algonquin Power & Utilities Corp. is a Canadian regulated utility company with assets across North America, Bermuda, and Chile. Algonquin provides water, wastewater, natural gas, and electricity services through its operating subsidiaries: Liberty Utilities, its regulated utility business; Bermuda Electric Light Company, and Suralis (formerly ESSAL) in Chile. The company is listed under the ticker symbol "AQN" on the

Toronto Stock Exchange The Toronto Stock Exchange (TSX; ) is a stock exchange located in Toronto, Ontario, Canada. It is the List of stock exchanges, 10th largest exchange in the world and the third largest in North America based on market capitalization. Based in th ...

and the American

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Public listing

Algonquin Power Income Fund was established in September 1997 and first listed its trust units on the

on December 23, 1997. Having raised nearly $75 M, Algonquin used $27.5 M to purchase 14 hydroelectric generation facilities located in

Ontario Ontario is the southernmost Provinces and territories of Canada, province of Canada. Located in Central Canada, Ontario is the Population of Canada by province and territory, country's most populous province. As of the 2021 Canadian census, it ...

Québec Quebec is Canada's largest province by area. Located in Central Canada, the province shares borders with the provinces of Ontario to the west, Newfoundland and Labrador to the northeast, New Brunswick to the southeast and a coastal border ...

New York New York most commonly refers to: * New York (state), a state in the northeastern United States * New York City, the most populous city in the United States, located in the state of New York New York may also refer to: Places United Kingdom * ...

and

New Hampshire New Hampshire ( ) is a U.S. state, state in the New England region of the Northeastern United States. It borders Massachusetts to the south, Vermont to the west, Maine and the Gulf of Maine to the east, and the Canadian province of Quebec t ...

. Algonquin Power & Utilities Corp. was added to the TSX 60 Index on June 22, 2020.

Incorporation

In response to the

Government of Canada The Government of Canada (), formally His Majesty's Government (), is the body responsible for the federation, federal administration of Canada. The term ''Government of Canada'' refers specifically to the executive, which includes Minister of t ...

's decision to end the preferential tax treatment of

income trust An income trust is an investment that may hold equities, debt instruments, royalty interests or real properties. It is especially useful for financial requirements of institutional investors such as pension funds, and for investors such as retired ...

s, Algonquin Power Income Fund was converted to a corporation in October 2009. Unit-holders exchanged their trust units on a one-for-one basis for shares in the new corporate entity, Algonquin Power & Utilities.

Liberty Utilities

Liberty Utilities — also known as Liberty — operates regulated water, wastewater, natural gas, and electric utilities, providing local utility management, service, and support to small and mid-sized communities across the United States. Liberty also provides natural gas to customers in New Brunswick, Canada. Other operating locations are: *Arizona (water) **acquired Boulders Carefree Sewer Company in Carefree in 2001. **acquired Gold Canyon Sewer Company in Gold Canyon in 2001 **acquired Bella Vista Water in Sierra Vista in 2002. **acquired Litchfield Park Service Company in Avondale from Pinnacle West Capital in 2003 **acquired Rio Rico Utilities in Rio Rico in 2005 **acquired seven water companies in Whetstone and

Hereford Hereford ( ) is a cathedral city and the county town of the ceremonial county of Herefordshire, England. It is on the banks of the River Wye and lies east of the border with Wales, north-west of Gloucester and south-west of Worcester. With ...

from the John McLain bankruptcy estate in 2007. **acquired Entrada Del Oro Sewer Company, near Gold Canyon, in 2008. *Arkansas (water) **Acquired the Arkansas operations of

United Water Suez North America is an American water service company headquartered in Paramus, New Jersey. It owns and operates 16 water and waste water utilities, and operates 90 municipal water and waste water systems through public-private partnerships an ...

in 2012. **Acquired natural gas, water and electric distribution operations of Empire District Electric Company in 2017. *California (electricity, water) **Acquired NV Energy's California operations, serving the Lake Tahoe Basin, with

Emera Emera Incorporated is a publicly traded Canadian multinational energy holding company based in Halifax, Nova Scotia. Created in 1998 during the privatization of Nova Scotia Power, a provincial Crown corporation, Emera now invests in regulated ele ...

in 2009; bought out Emera's stake in 2011. **Acquired Park Water and Apple Valley Ranchos Water, serving Southern California, in 2016 from

The Carlyle Group The Carlyle Group Inc. is an American multinational company with operations in private equity, alternative asset management and financial services. As of 2023, the company had $426 billion of assets under management. Carlyle specializes in ...

. **Acquired Mesa-Crest Water Co., serving

La Cañada Flintridge LA most frequently refers to Los Angeles, the second most populous city in the United States of America. La, LA, or L.A. may also refer to: Arts and entertainment Music *La (musical note), or A, the sixth note *"L.A.", a song by Elliott Smit ...

, in 2019. *Georgia (gas) **Acquired the natural gas operation of

Atmos Energy Atmos Energy Corporation, headquartered in Dallas, Texas, is one of the United States' largest natural-gas-only distributors, serving about three million natural gas distribution customers in over 1,400 communities in nine states from the Blue Ri ...

in Columbus and Gainesville in 2013 *Illinois (gas, water) **Acquired the water operations of Silverleaf Resorts in 2005. **Acquired the natural gas operations of

in Illinois in 2012.Liberty Utilities Completes Acquisition of Atmos Energy’s Natural Gas Distribution Businesses in Illinois, Iowa and Missouri
/ref> *Iowa (gas) **Acquired the natural gas operations of

in Iowa in 2012. *Kansas **Acquired natural gas, water and electric distribution operations of Empire District Electric Company in 2017. *Massachusetts (gas) **acquired New England Gas Company in Fall River and North Attleborough from Laclede Group in 2013. *Missouri (gas, water, electric) **Acquired the water operations of Silverleaf Resorts in 2005. **Acquired Noel Water and KMB Utilities in 2011. **Acquired the natural gas operations of

in Missouri in 2012. **Acquired electric, natural gas and water operations of Empire District Electric Company in 2017. *New Hampshire (gas, electricity) **Acquired Granite State Electric and EnergyNorth Natural Gas from National Grid in 2012. *New York **Announced acquisition of New York American Water from American Water Works in 2019. **Acquired St. Lawrence Gas from

Enbridge Enbridge Inc. is a multinational pipeline transport, pipeline and energy company headquartered in Calgary, Alberta, Canada. Enbridge owns and operates pipelines throughout Canada and the United States, transporting crude oil, natural gas, and n ...

in 2019. *Oklahoma **Acquired electric, natural gas, and water operations of Empire District Electric Company in 2017. *Texas (water) **Acquired the water operations of Silverleaf Resorts in 2005.

References

External links

www.algonquinpower.com Website
* http://www.libertyutilities.com/ {{DEFAULTSORT:Algonquin Power and Utilities Electric power companies of Canada Electric power companies of Ontario Companies based in Oakville, Ontario Energy companies established in 1997 Renewable resource companies established in 1997 Companies listed on the Toronto Stock Exchange Canadian companies established in 1997 1997 establishments in Ontario