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Algonquin Power & Utilities Corp. Announces 2016 Fourth Quarter and Year End Financial Results
Algonquin Power & Utilities Corp. Announces 2016 Fourth Quarter and Year End Financial...
About this update from Algonquin Power & Utilities Corp.
[{"type":"text","content":"\n\n\n\nAlgonquin Power & Utilities Corp. Announces 2016 Fourth Quarter and Year End Financial Results\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen5{\nBORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: LEFT; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n.prngen6{\nBORDER-BOTTOM:black 1pt solid; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n.prngen3{\nBORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: CENTER; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n.prnml40{\nMARGIN-LEFT:3.33em\n}\n.prnpr6{\nPADDING-RIGHT:0.50em\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n.prnvab{\nVERTICAL-ALIGN: BOTTOM\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n.prnvam{\nVERTICAL-ALIGN: MIDDLE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsblb0{\nBORDER-LEFT:black 0pt\n}\n.prnrbrb0{\nBORDER-RIGHT:black 0pt\n}\n.prntal{\nTEXT-ALIGN: LEFT\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnsbtb0{\nBORDER-TOP:black 0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbbs{\nBORDER-BOTTOM:black 1pt solid\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n\n\n\n\n\n\nAlgonquin Power & Utilities Corp. Announces 2016 Fourth Quarter and Year End Financial Results\nCanada NewsWire\nOAKVILLE, ON, March 2, 2017\n\n\n\nFinancial Highlights (Unaudited)\n\n\nAnnual revenue of $1.096 billion, an increase of 7% \nAnnual Adjusted EBITDA1 of $476.9 million, an increase of 27% \nAnnual Adjusted net earnings1 per share of $0.57, an increase of 24% \nFourth quarter revenues, Adjusted EBITDA, and Adjusted net earnings per share of $310.2 million, $138.3 million, and $0.18, respectively\n\nBusiness Highlights\n\n\nReceipt of all regulatory approvals for the acquisition of The Empire District Electric Company which closed on January 1, 2017 \nRenewable Generation Group adds 360 MW of installed capacity to clean energy portfolio \nLiberty Utilities Group adds nearly 300,000...