Algonquin at 0.88 Times Book: Is it Time to Buy?Read More »
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Algonquin at 0.88 Times Book: Is it Time to Buy?
Views: 1 2026-09-20 Algonquin owns regulated water, natural gas and electricity utilities serving roughly 1.27 million customer connections, overwhelmingly in the United States, plus a small non-regulated hydro group. Revenue comes from rates set by regulators on an approved rate base, about USD 8.2 billion at the end of 2025. The company is the remnant of a failed growth strategy: it sold its renewables business, exited Atlantica, cut the dividend twice, and in August 2026 agreed to sell its Chilean water stake for USD 126.5 million. It now intends to redomicile to Delaware, with a shareholder vote expected in the …
