Algonquin Power & Utilities Corp. (AQN.TO)

7.48 +0.16 (+2.19%) At close: 04:00PM EDT

Algonquin Power & Utilities Corp.

354 Davis Road
Oakville, ON L6J 2X1
Canada
905 465 4500
https://algonquinpower.com

Sector(s): Utilities
Industry: Utilities - Renewable
Full Time Employees: 3,946

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Christopher G. H. Huskilson	CEO & Director	186.36k	N/A	1957
Mr. Darren G. Myers	Chief Financial Officer	1.22M	N/A	1974
Mr. Anthony Johnston	Chief Operating Officer	799.54k	N/A	N/A
Ms. Jennifer Tindale	Chief Legal Officer & Corporate Secretary	837.71k	N/A	1972
Mr. Jeffery Norman	President of Renewables	837.76k	N/A	1969
Mr. Colin Michael Penny	Chief Information Officer	N/A	N/A	N/A
Mr. Brian James Chin CPA	Vice President of Investor Relations	N/A	N/A	1974
Stephanie Bose	Director of Corporate Communications	N/A	N/A	N/A
Ms. Sarah R. MacDonald B.A, LL.B, M.B.A	Chief Human Resources Officer	N/A	N/A	1969
Ms. Brenda Dale Marshall	Senior Vice President of Wind Development	N/A	N/A	N/A

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.

Description

Algonquin Power & Utilities Corp. operates in the power and utility industries in the United States, Canada, and other regions. The company operates in two segments, Regulated Services Group and Renewable Energy Group. The company primarily owns and operates a regulated electric, water distribution and wastewater collection, and natural gas utility systems and transmission operations. As of December 31, 2023, it provided distribution services to approximately 1,256,000 customer connections in the electric (approximately 309,000 customer connections), water and wastewater (approximately 572,000 customer connections), and natural gas sectors (approximately 375,000 customer connections). The company's electrical distribution utility systems and related transmission and generation assets are located in the states of Arkansas, California, Kansas, Missouri, Nevada, New Hampshire, and Oklahoma, and in Bermuda. Its regulated water distribution and wastewater collection utility systems are located in the states of Arizona, Arkansas, California, Illinois, Missouri, New York and Texas, and in Chile. The company's regulated natural gas distribution utility systems located in the province of New Brunswick and the states of Georgia, Illinois, Iowa, Massachusetts, Missouri, New Hampshire and New York. It also owns and operates generating assets with a gross capacity of approximately 2.0 gigawatt (GW) and has investments in generating assets with approximately 0.3 GW of net generation capacity. The company generates and sells electrical energy, capacity, ancillary products, and renewable attributes produced by its renewable and clean power generation facilities. It has economic interests in hydroelectric, wind, solar, renewable natural gas, and thermal facilities. As of December 31, 2023, it had a combined net generating capacity attributable to the Renewable Energy Group of approximately 2.7 GW. The company was incorporated in 1988 and is headquartered in Oakville, Canada.

Corporate Governance

Algonquin Power & Utilities Corp.’s ISS Governance QualityScore as of September 1, 2024 is 8. The pillar scores are Audit: 1; Board: 10; Shareholder Rights: 7; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.