Algonquin Power & Utilities (TSE:AQN) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Algonquin Power & Utilities Corp. has successfully sold its 42.2% stake in Atlantica Sustainable Infrastructure, marking a significant step in its strategic transition to a pure-play regulated utility company. The proceeds from this sale will be utilized to reduce debt and strengthen the company’s balance sheet.
For further insights into TSE:AQN stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- ‘Get in for 2025 Gains,’ Says Cowen on Amazon Stock
- Top Analyst Sets the Stage for Nike Stock Ahead of Earnings
- Class Action Lawsuit Against Terran Orbital Corporation (LLAP)
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
