trending Market Intelligence /marketintelligence/en/news-insights/trending/Umt19Z4vtWnSOucnO6HtDA2 content esgSubNav
In This List

Algonquin Power again increases stake in Atlantica Yield

Blog

Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds

Blog

Insight Weekly: Cryptocurrency's growth; green bond market outlook; coal investors' windfall

Blog

Insight Weekly: Challenges for European banks; Japan's IPO slowdown; carmakers' supply woes

Blog

Q4’21 US Power Forecast: Will high commodity prices accelerate the energy transition?


Algonquin Power again increases stake in Atlantica Yield

Algonquin Power & Utilities Corp. again raised its holdings in Atlantica Yield PLC, according to an amended Schedule 13D filed June 3.

The company disclosed that it beneficially owns 44,942,065 ordinary shares, or 44.2% of the issued and outstanding shares. Algonquin Power's previous filing indicated ownership of 42,942,065 ordinary shares, or 42.3% of the issued and outstanding shares.

The increase is due to a May 31 accelerated share purchase transaction with Morgan Stanley & Co. LLC under which Morgan Stanley delivered 2 million Atlantica Yield ordinary shares to Algonquin Power for a prepayment of $53.8 million.