Algonquin to sell renewables business to LS Power for up to $2.5B
Algonquin Power & Utilities Corp. (AQN-T) has agreed to sell its renewable energy business to a subsidiary of New York-based LS Power for up to $2.5 billion US.
Algonquin Power & Utilities Corp. (AQN-T) has agreed to sell its renewable energy business to a subsidiary of New York-based LS Power for up to $2.5 billion US.
Algonquin Power and Utilities Corp. (AQN-T) announced it would pursue the sale of its renewable energy group to focus on low-risk regulated investments, and announced the resignation of CEO Arun Banskota.