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Algonquin Power signs deal to sell renewable energy business for up to $2.5 billion

Company also announces it is cutting its dividend

By: financialpost.com

Aug 09 2024
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Algonquin Power signs deal to sell renewable energy business for up to $2.5 billion

OAKVILLE, Ont. — Algonquin Power & Utilities Corp. says it has signed a deal to sell its renewable energy business to a subsidiary of LS Power for up to US$2.5 billion. Read More

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COP29 to Call for Sixfold Increase in Global Energy Storage