AQN Profile
Algonquin Power & Utilities Corp., headquartered in Oakville, Canada, is a diversified utility company that owns and operates a broad portfolio of regulated and non-regulated generation, distribution, and transmission utility assets. The company operates through two primary segments: the Regulated Services Group and the Renewable Energy Group. The Regulated Services Group manages a range of rate-regulated utilities providing essential services in the electric, natural gas, and water and wastewater sectors. These utilities serve approximately 1,093,000 customer connections across the United States, Canada, Chile, and Bermuda, ensuring reliable delivery of vital resources to residential, commercial, and industrial customers.
The Renewable Energy Group of Algonquin Power & Utilities Corp. focuses on generating and selling electrical energy, capacity, ancillary products, and renewable attributes. The segment’s portfolio includes hydroelectric, wind, solar, and thermal power generation facilities, primarily located in the United States and Canada. These facilities contribute to the company's commitment to producing clean and sustainable energy, supporting global efforts to reduce carbon emissions and combat climate change. By leveraging a diverse array of renewable energy sources, Algonquin aims to provide environmentally friendly power solutions while maintaining grid reliability and resilience.
In addition to its energy generation capabilities, Algonquin Power & Utilities Corp. owns and operates a variety of clean energy and water infrastructure assets. These assets are crucial for the company's integrated approach to utility management, ensuring that both energy and water resources are managed sustainably and efficiently. The company's strategic investments in these areas underscore its dedication to innovation and sustainability, positioning it as a leader in the transition to a greener economy. Through continuous improvement and technological advancements, Algonquin strives to enhance the efficiency and environmental performance of its operations.
Incorporated in 1988, Algonquin Power & Utilities Corp. has grown through strategic acquisitions and organic development, expanding its footprint and diversifying its service offerings. The company's long-term strategy focuses on balancing growth and sustainability, with a strong emphasis on stakeholder value and environmental stewardship. By integrating renewable energy assets with traditional utility services, Algonquin is well-positioned to meet the evolving needs of its customers and contribute to a more sustainable future. The company's comprehensive approach to utility management ensures it remains at the forefront of the industry, delivering reliable, clean, and affordable services to communities across its service areas.
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