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Algonquin Power & Utilities Corp. (AQN)

NYSE - NYSE Delayed Price. Currency in USD
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6.650.00 (0.00%)
At close: 04:00PM EDT
6.66 +0.01 (+0.15%)
After hours: 06:59PM EDT

Algonquin Power & Utilities Corp.

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

Sector(s)Utilities
IndustryUtilities - Renewable
Full Time Employees3,946

Key Executives

NameTitlePayExercisedYear Born
Mr. Christopher G. H. HuskilsonCEO & Director136.94kN/A1957
Mr. Darren G. MyersChief Financial Officer893.58kN/A1974
Mr. Anthony JohnstonChief Operating Officer587.5kN/AN/A
Ms. Jennifer TindaleChief Legal Officer & Corporate Secretary615.55kN/A1972
Mr. Jeffery NormanPresident of Renewables615.58kN/A1969
Mr. Colin Michael PennyChief Information OfficerN/AN/AN/A
Mr. Brian James Chin CPAVice President of Investor RelationsN/AN/A1974
Stephanie BoseDirector of Corporate CommunicationsN/AN/AN/A
Ms. Sarah R. MacDonald B.A, LL.B, M.B.AChief Human Resources OfficerN/AN/A1969
Ms. Brenda Dale MarshallSenior Vice President of Wind DevelopmentN/AN/AN/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 USD.

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 May 1, 2024 is 7. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 9; Compensation: 8.

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.