{{short description|Renewable energy and utility conglomerate}} {{Infobox company | name = Algonquin Power and Utilities Corp. | logo = AQN_Logo_2025.png | type = Public | traded_as = {{plainlist| *{{TSX|AQN}} *{{NYSE|AQN}}}} | industry = Electric generation <br>Transmission <br> water, Natural gas and electric utilities | genre = | foundation = {{start date and age|1988}} | founder = Ian Robertson, Chris Jarratt | location = | location_city = Oakville, Ontario | location_country = Canada | locations = | area_served = North America | key_people = Rod West (CEO) | products = | services = | revenue = {{decrease}}{{US$| 2.320 billion|link=yes}}<ref name="2024 Annual Report">{{cite web|url=https://s25.q4cdn.com/253745149/files/doc_financials/2024/ar/AQN-2024-Annual-Report.pdf|title=2024 Annual Report|access-date=June 18, 2025}}</ref> | revenue_year = 2024 | operating_income = {{decrease}}{{US$| 446.1 million|link=yes}}<ref name="2024 Annual Report" /> | income_year = 2024 | net_income = {{decrease}}{{US$| -1.516 billion|link=yes}}<ref name="2024 Annual Report" /> | net_income_year = 2024 | assets = {{decrease}}{{US$| 16.962 billion|link=yes}}<ref name="2024 Annual Report" /> | assets_year = 2024 | equity = {{decrease}}{{US$| 6.176 billion|link=yes}}<ref name="2024 Annual Report" /> | equity_year = 2024 | owner = | num_employees = 3,786<ref name="2025 Annual Information Form">{{cite web|url=https://s25.q4cdn.com/253745149/files/doc_financials/2024/q4/AIF-2025-Final-LINKED.pdf|title=2025 Annual Information Form|access-date=June 18, 2025}}</ref> | num_employees_year = 2025 | parent = | divisions = | subsid = Liberty Utilities (Liberty), Suralis, Bermuda Electric Light Company | footnotes = | homepage = {{url|http://algonquinpower.com}} }}
'''Algonquin Power & Utilities Corp.''' is a Canadian investor-owned 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 and the American New York Stock Exchange.
==Public listing== Algonquin Power Income Fund was established in September 1997 and first listed its trust units on the Toronto Stock Exchange on December 23, 1997.<ref>Algonquin Power Annual Report, 1997</ref> Having raised nearly $75 M, Algonquin used $27.5 M to purchase 14 hydroelectric generation facilities located in Ontario, Québec, New York and New Hampshire.
Algonquin Power & Utilities Corp. was added to the TSX 60 Index on June 22, 2020.<ref>{{Cite web|last=Bloomberg|first=B. N. N.|date=2020-06-13|title=Bombardier booted from TSX Composite as stock languishes - BNN Bloomberg|url=https://www.bnnbloomberg.ca/bombardier-booted-from-tsx-composite-index-as-share-price-languishes-1.1449943|access-date=2020-06-13|website=BNN}}</ref>
==Incorporation== In response to the Government of Canada's decision to end the preferential tax treatment of income trusts, Algonquin Power Income Fund was converted to a corporation in October 2009.<ref>Algonquin Power Annual Report, 2009</ref> Unit-holders exchanged their trust units on a one-for-one basis for shares in the new corporate entity, Algonquin Power & Utilities.
==Liberty Utilities== thumb|right|The Liberty Utilities logo as seen in 2025 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.<ref>{{Citation | title = 1500038078.PDF | access-date = 2015-02-14 | url = http://www.snl.com/Cache/1500038078.PDF?Y=&O=PDF&D=&FID=1500038078&T=&IID=4142273 | archive-date = 2015-02-14 | archive-url = https://web.archive.org/web/20150214072057/http://www.snl.com/Cache/1500038078.PDF?Y=&O=PDF&D=&FID=1500038078&T=&IID=4142273 | url-status = dead }}</ref> **acquired Gold Canyon Sewer Company in Gold Canyon in 2001<ref>{{Cite news | last = Martori | first = Art | title = Sewer, management of plant raise stink for some in Gold Canyon | work = East Valley Tribune | access-date = 2015-02-14 | date = 2011-10-07 | url = http://eastvalleytribune.com/local/article_4f864041-4251-55e1-a9c7-c4138ec086e0.html?mode=jqm }}</ref> **acquired Bella Vista Water in Sierra Vista in 2002.<ref>{{Cite news | last = Saunders | first = Diane | title = Bella Vista Water Co. stock sold; no change in service to local customers | work = The Sierra Vista Herald | access-date = 2015-02-14 | date = 2002-06-06 | url = http://www.svherald.com/content/diane-saunders/2009/09/18/20644 }}</ref> **acquired Litchfield Park Service Company in Avondale from Pinnacle West Capital in 2003<ref name="infoform">{{Cite web | title = ALGONQUIN POWER INCOME FUND ANNUAL INFORMATION FORM MARCH 31, 2006 | access-date = 2015-02-14 | url = https://www.sec.gov/Archives/edgar/data/1174169/000095013607001878/file3.htm }}</ref> **acquired Rio Rico Utilities in Rio Rico in 2005<ref>{{Cite news | title = Algonquin Power Income Fund Acquires Rio Rico Utilities Inc. | date = 2005-12-13 }}</ref> **acquired seven water companies in Whetstone and Hereford from the John McLain bankruptcy estate in 2007.<ref>{{Cite news | last = Cole | first = Dana | title = Algonquin Water ready to take over McLain companies | work = The Sierra Vista Herald | access-date = 2015-02-14 | date = 2006-09-12 | url = http://www.svherald.com/content/dana-cole/2009/09/19/35828 }}</ref><ref>{{Cite news | last = Cole | first = Dana | title = Algonquin purchase of McLain water companies finalized | work = The Sierra Vista Herald | access-date = 2015-02-14 | date = 2007-02-21 | url = http://www.svherald.com/content/dana-cole/2009/09/20/57855 }}</ref> **acquired Entrada Del Oro Sewer Company, near Gold Canyon, in 2008.<ref>{{Cite web | title = Algonquin Power & Utilities Corp. Announces 2010 Fourth Quarter and Year End Financial Results | access-date = 2015-02-14 | url = http://investors.algonquinpower.com/Cache/1001165199.PDF?Y=&O=PDF&D=&FID=1001165199&T=&IID=4142273 }}{{Dead link|date=February 2026 |bot=InternetArchiveBot }}</ref> *Arkansas (water) **Acquired the Arkansas operations of United Water in 2012.<ref>{{Cite web | title = United Water Sells Arkansas Regulated Operations | access-date = 2015-02-14 | url = https://www.unitedwater.com/cusNewscenter.aspx?id=8110 | archive-url = https://web.archive.org/web/20150214095920/https://www.unitedwater.com/cusNewscenter.aspx?id=8110 | archive-date = 2015-02-14 | url-status = dead }}</ref> **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 in 2009; bought out Emera's stake in 2011.<ref>{{Cite news | title = UPDATE 2-Algonquin, Emera to jointly buy some NV Energy assets | work = Reuters | access-date = 2014-09-16 | date = 2009-04-23 | url = https://www.reuters.com/article/algonquinpower-idUSBNG26616720090423 }}</ref><ref>{{Cite web | title = Algonquin and Emera announce a Strategic Investment Agreement and the transfer of California Utility to Algonquin | access-date = 2014-09-16 | url = http://www.emera.com/en/home/mediacentre/archivedpr/2011/newsreleasedetails.aspx?SourceParams=reqid-1557442 | archive-url = https://web.archive.org/web/20140203211437/http://www.emera.com/en/home/mediacentre/archivedpr/2011/newsreleasedetails.aspx?SourceParams=reqid-1557442 | archive-date = 2014-02-03 | url-status = dead }}</ref><ref>{{cite web |last1=Winter |first1=Emery |title=Will Lake Tahoe communities lose power due to data centers? We investigated |url=https://www.snopes.com/fact-check/lake-tahoe-power-data-center/ |publisher=Snopes |access-date=23 May 2026 |date=22 May 2026}}</ref> **Acquired Park Water and Apple Valley Ranchos Water, serving Southern California, in 2016 from The Carlyle Group.<ref>{{Cite web |url=http://www.parkwater.com/community/press-releases/2016/01/12/Liberty-Utilities-Completes-Acquisition |title=Liberty Utilities Completes Acquisition of Park Water Company |access-date=2016-02-14 |archive-date=2016-03-05 |archive-url=https://web.archive.org/web/20160305094449/http://www.parkwater.com/community/press-releases/2016/01/12/Liberty-Utilities-Completes-Acquisition |url-status=dead }}</ref><ref>{{Cite news | issn = 0099-9660 | last = Dezember | first = Ryan | title = Algonquin Power in Pact to Buy Carlyle's Park Water Despite Dispute | work = Wall Street Journal | access-date = 2015-02-14 | date = 2014-09-19 | url = https://www.wsj.com/articles/algonquin-power-in-pact-to-buy-carlyles-park-water-despite-dispute-1411162208 }}</ref> **Acquired Mesa-Crest Water Co., serving La Cañada Flintridge, in 2019.<ref>{{Cite web| title = Liberty Utilities Takes Over LCF's Mesa-Crest Water Co. {{!}} Outlook Newspapers| access-date = 2019-06-24| url = https://outlooknewspapers.com/liberty-utilities-takes-over-lcfs-mesa-crest-water-co/| archive-date = 2019-06-24| archive-url = https://web.archive.org/web/20190624015704/https://outlooknewspapers.com/liberty-utilities-takes-over-lcfs-mesa-crest-water-co/| url-status = dead}}</ref> *Georgia (gas) **Acquired the natural gas operation of Atmos Energy in Columbus and Gainesville in 2013<ref>{{Cite web | title = Liberty Utilities Completes Acquisition of Atmos Energy's Natural Gas Distribution Businesses in Georgia | access-date = 2015-02-14 | url = http://www.libertyutilities.com/ga/about/news_04-01-13.html }}</ref> *Illinois (gas, water) **Acquired the water operations of Silverleaf Resorts in 2005.<ref name="silverleaf">{{Cite news | title = Silverleaf Resorts sells utility assets in Missouri, Illinois | work = St. Louis Business Journal | access-date = 2015-02-14 | date = 2005-03-16 | url = http://www.bizjournals.com/stlouis/stories/2005/03/14/daily41.html }}</ref> **Acquired the natural gas operations of Atmos Energy in Illinois in 2012.<ref name="atmos">[http://www.libertyutilities.com/central/about/news_08-01-12.html 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 Atmos Energy in Iowa in 2012.<ref name="atmos"/> *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.<ref>{{Cite web | title = Laclede to flip New England Gas for a $14 million profit - St. Louis Business Journal | access-date = 2015-02-14 | url = http://www.bizjournals.com/stlouis/morning_call/2013/02/laclede-to-flip-new-england-gas-co.html }}</ref> *Missouri (gas, water, electric) **Acquired the water operations of Silverleaf Resorts in 2005.<ref name="silverleaf" /> **Acquired Noel Water and KMB Utilities in 2011.<ref>{{Cite web | title = Jefferson County water company sold - St. Louis Business Journal | access-date = 2015-02-14 | url = http://www.bizjournals.com/stlouis/news/2011/04/19/jefferson-county-water-company-sold.html }}</ref> **Acquired the natural gas operations of Atmos Energy in Missouri in 2012.<ref name="atmos" /> **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.<ref>[http://www.libertyutilities.com/east/gas/about/news_07-03-12.html Liberty Utilities Completes Acquisition of National Grid’s Natural Gas and Electric Distribution Businesses in New Hampshire]</ref><ref>{{Cite web | title = Algonquin Power to buy two utilities in New Hampshire | work = Platts | access-date = 2015-02-14 | url = http://www.platts.com/latest-news/electric-power/charlottesvillevirginia/algonquin-power-to-buy-two-utilities-in-new-hampshire-6663209 }}</ref> *New York **Acquired New York American Water from American Water Works in 2022.<ref>{{cite web |title=Algonquin Power & Utilities Corp. Completes Acquisition of New York American Water Company, Inc. |url=https://investors.algonquinpower.com/news-market-information/news/news-details/2022/Algonquin-Power--Utilities-Corp.-Completes-Acquisition-of-New-York-American-Water-Company-Inc/default.aspx}}</ref> **Acquired St. Lawrence Gas from Enbridge in 2019.<ref>{{cite web | url=https://investors.algonquinpower.com/news-market-information/news/news-details/2019/Algonquin-Power--Utilities-Corp.-Completes-Acquisition-of-Enbridge-St.-Lawrence-Gas/default.aspx | title=Algonquin Power & Utilities Corp. Completes Acquisition of Enbridge St. Lawrence Gas }}</ref> *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.<ref name="silverleaf" /> In January 2025, Algonquin completed the sale of its renewable assets to LS Power.<ref>{{Cite web |title=Algonquin Power & Utilities Corp. Completes Sale of Renewable Energy Business to LS Power |url=https://investors.algonquinpower.com/news-market-information/news/news-details/2025/Algonquin-Power--Utilities-Corp.-Completes-Sale-of-Renewable-Energy-Business-to-LS-Power/default.aspx |access-date=2025-06-18 |website=investors.algonquinpower.com |language=en-US}}</ref>
==References== {{Reflist}}
==External links== * https://algonquinpower.com/ Website * https://www.libertyutilities.com/ Website
{{S&P/TSX 60}} {{Electric Utilities in CA}}
{{DEFAULTSORT:Algonquin Power and Utilities}} Category:Electric power companies of Canada Category:Electric power companies of Ontario Category:Companies based in Oakville, Ontario Category:Energy companies established in 1997 Category:Renewable resource companies established in 1997 Category:Companies listed on the Toronto Stock Exchange Category:Canadian companies established in 1997 Category:1997 establishments in Ontario