Business
Algonquin Power & Utilities Corp. Announces 2024 Fourth Quarter and Full Year Financial Results
Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) (“AQN”, “Algonquin...
About this update from Algonquin Power & Utilities Corp.
[{"type":"text","content":"Algonquin Power & Utilities Corp. Announces 2024 Fourth Quarter and Full Year Financial Results\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwalignl { text-align: left }\n.bwalignr { text-align: right; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwlistdisc { list-style-type: disc }\n.bwpadb3 { padding-bottom: 4px }\n.bwpadl0 { padding-left: 0px }\n.bwpadl3 { padding-left: 15px }\n.bwpadl6 { padding-left: 30px }\n.bwpadl9 { padding-left: 45px }\n.bwpadr0 { padding-right: 0px }\n.bwrowaltcolor1 { background-color: #d3d3d3 }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignm { vertical-align: middle }\n.bwvertalignt { vertical-align: top }\n.bwwidth1 { width: 1% }\n.bwwidth100 { width: 100% }\n.bwwidth2 { width: 2% }\n.bwwidth30 { width: 30% }\n.bwwidth40 { width: 40% }\n.bwwidth49 { width: 49% }\n.bwwidth53 { width: 53% }\n.bwwidth57 { width: 57% }\n.bwwidth61 { width: 61% }\n.bwwidth7 { width: 7% }\n.bwwidth70 { width: 70% }\n.bwwidth9 { width: 9% }\n.bwwidth98 { width: 98% }\n \n\n\n\n Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) (“AQN”, “Algonquin” or the “Company”) announced today financial results for the fourth quarter and full year ended December 31, 2024. All amounts are shown in United States dollars (“U.S. $” or “$”), unless otherwise noted.\n \n\n “The Company continued to make strides in its transition to a pure-play utility. Over the last 90 days, we successfully completed our Renewables and Atlantica sales, and we enter 2025 with a recapitalized balance sheet and significant opportunity for improvement,” said Chris Huskilson, Chief Executive Officer of AQN. “It has been a privilege to lead Algonquin during this momentous period of transformation, and I look forward to seeing positive developments at the Company under Rod West's direction as he looks to accelerate our progress in 2025.”\n \n\n\n Fourth Quarter and Full Year Financial Results for Continuing Operations\n \n 1\n \n\n\n\n\n Fourth Quarter Net Utility Sales\n \n 2\n \n of $426.0 million, an increase of 8%;\n \n\n\n\n Fourth Quart...