pdf-articles Ratings /ratings/en/research/pdf-articles/210304-esg-evaluation-algonquin-power-utilities-corp-100049373 content esgSubNav

ESG Evaluation: Algonquin Power & Utilities Corp.

Algonquin Power & Utilities Corp. (APUC) is a diversified generation, transmission, and distribution utility with assets in the U.S., Canada, Chile, and Bermuda. APUC organizes operations into two units. The Regulated Services Group primarily owns and operates electric, natural gas, and waste and wastewater regulated utility systems throughout the U.S., Canada, Chile, and Bermuda, serving approximately one million customer connections. The Renewable Energy Group generates and sells electrical energy produced by its portfolio of renewable power generation and clean power generation facilities primarily in the U.S. and Canada. APUC’s electricity generation capacity in 2019 consisted of natural gas (51%), wind (37%), solar (8%), and hydroelectric (4%) with a combined gross generating capacity of approximately 3.0 GW. APUC generates about $1.6 billion in revenue (85% distribution and 15% generation) and has $11 billion in asset book value.