{"id":398778,"date":"2020-12-14T07:03:29","date_gmt":"2020-12-14T12:03:29","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=398778"},"modified":"2020-12-14T07:03:29","modified_gmt":"2020-12-14T12:03:29","slug":"algonquin-power-utilities-corp-to-provide-update-on-strategic-initiatives-at-investor-day","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/algonquin-power-utilities-corp-to-provide-update-on-strategic-initiatives-at-investor-day\/","title":{"rendered":"Algonquin Power &amp; Utilities Corp. to Provide Update on Strategic Initiatives at Investor Day"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <i>This news release constitutes a &#8220;designated news release&#8221; for the purposes of the Company&#8217;s prospectus supplement dated <span class=\"xn-chron\">May 15, 2020<\/span> to its short form base shelf prospectus dated <span class=\"xn-chron\">April 3, 2020<\/span>.<\/i>\n      <\/p>\n<p>\n        <span class=\"xn-location\">OAKVILLE, ON<\/span>, <span class=\"xn-chron\">Dec. 14, 2020<\/span> \/PRNewswire\/ &#8211; Today Algonquin Power &amp; Utilities Corp., (&#8220;AQN&#8221; or the &#8220;Company&#8221;) (TSX: AQN) (NYSE: AQN)\u00a0the parent company of Liberty, will be hosting its 11th annual Analyst and Investor Day in a virtual format.\u00a0 During the event, members of AQN&#8217;s executive team will provide an update on its corporate strategy, including the Company&#8217;s strategic pillars of growth, operational excellence and sustainability, and will provide an overview of its financial position.<\/p>\n<p>&#8220;2020 been a year of significant achievement for us despite its challenges, including those caused by COVID-19. We have successfully completed the acquisitions of ESSAL and BELCO, reaching a milestone of serving more than one million customer connections while continuing to execute on the Company&#8217;s largest construction program in its history with approximately 1,600MW of renewable energy projects,&#8221; said <span class=\"xn-person\">Arun Banskota<\/span>, President and Chief Executive Officer of AQN. &#8220;We are pleased to announce our capital plan of <span class=\"xn-money\">$9.4 billion<\/span> for the period from 2021 through 2025. We believe our organization is well positioned to capitalize on the global growth of infrastructure investments and renewable energy.\u00a0 Our multiple levers of growth, focus on operational excellence and long term commitment to sustainability will be the key foundation in delivering long term value to our shareholders.&#8221;<\/p>\n<p>\n        <b>Business Highlights:<\/b>\n      <\/p>\n<ul type=\"disc\">\n<li>As a business providing mission-critical energy and water services, operational excellence centered on customers remains a key focus in driving organic investments. AQN&#8217;s five-year <span class=\"xn-money\">$9.4 billion<\/span> capital plan includes an expected <span class=\"xn-money\">$6.3 billion<\/span> of expenditures in the Regulated Services Group, including organic investments in safety and reliability, investments focused on enhancing quality of service for customers and &#8220;greening the fleet&#8221; initiatives.\n<\/li>\n<li>A wholly-owned subsidiary of AQN has entered into an agreement to acquire a 51% interest in a portfolio of four wind facilities from RWE Renewables, a subsidiary of the RWE Group. The wind facilities are expected to have an aggregate capacity of 861 MW, located in the coastal region of south <span class=\"xn-location\">Texas<\/span> and will benefit from an attractive coastal wind resource. Two wind facilities, representing 421 MW of the total portfolio, have already achieved commercial operations, with the two remaining wind facilities expected to achieve commercial operations in late 2020 and early 2021, respectively. The transaction is expected to close in early 2021 and is subject to customary regulatory approvals.\n<\/li>\n<li>The Company has added an expected 385 MW of new development projects to its five-year capital plan, including the Company&#8217;s largest solar project, Carvers Creek, a 150 MW solar facility in <span class=\"xn-location\">Virginia<\/span> with offtake agreements with Amazon and Starbucks. The remaining 235 MW is comprised of two <span class=\"xn-location\">Ohio<\/span> solar projects for which the Company has recently signed purchase and sale agreements. Closing of these two acquisitions is expected to occur prior to the end of the first quarter of 2021.\n<\/li>\n<li>A planned investment in a greenfield development pipeline with approximately 3.4 GW of opportunities, is incremental to the Company&#8217;s five-year capital plan.\n<\/li>\n<li>Demonstrating its ongoing commitment to sustainability, AQN recently released its 2020 Sustainability Report and its first Climate Change Assessment Report aligned with the Task Force on Climate-Related Financial Disclosure recommendations.<\/li>\n<\/ul>\n<p>\n        <b>Financial Highlights and Outlook:<\/b>\n      <\/p>\n<ul type=\"disc\">\n<li>AQN has a five-year capital plan with identified investment opportunities totaling <span class=\"xn-money\">$9.4 billion<\/span> from 2021 through 2025. Approximately 70% of the capital plan is expected to be invested by the Regulated Services Group, while approximately 30% is expected to be invested by the Renewable Energy Group.\n<\/li>\n<li>AQN expects Adjusted Net Earnings per share of <span class=\"xn-money\">$0.71<\/span> to <span class=\"xn-money\">$0.76<\/span> for the 2021 fiscal year, and forecasts an Adjusted Net Earnings per share compound annual growth rate in the range of 8% to 10% for the five-year period from 2021 through 2025. Please see &#8220;Non-GAAP Financial Measures and Use of Non-GAAP Financial Measures&#8221; below.\n<\/li>\n<li>The Company reiterates its 10% annual dividend growth expectation for 2021, with a targeted 80-90% payout ratio based on Adjusted Net Earnings per share beyond 2021. <\/li>\n<\/ul>\n<p>All dollar amounts referenced herein are in U.S. dollars unless otherwise noted.<\/p>\n<p>Presentation materials will be available on the website at <a href=\"http:\/\/www.algonquinpower.com\" rel=\"nofollow\">www.algonquinpower.com<\/a>.<\/p>\n<p>\n        <b>Conference call details are as follows: <\/b>\n      <\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prnbcc\">\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnmr4\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Date:<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Monday, December 14, 2020<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnmr4\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Time:<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">9:00 a.m. EST to 11:00am EST<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnmr4\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Webcast Access:<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <u><br \/>\n                    <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3011417-1&amp;h=3040157957&amp;u=http%3A%2F%2Fservices.choruscall.ca%2Flinks%2Falgonquinpower20201214.html&amp;a=http%3A%2F%2Fservices.choruscall.ca%2Flinks%2Falgonquinpower20201214.html\" class=\"prnews_a\" rel=\"nofollow noopener noreferrer\">http:\/\/services.choruscall.ca\/links\/algonquinpower20201214.html<\/a><br \/>\n                    <br \/>\n                    <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3011417-1&amp;h=967646092&amp;u=http%3A%2F%2Fservices.choruscall.ca%2Flinks%2Falgonquinpower20201113.html&amp;a=http%3A%2F%2Fservices.choruscall.ca%2Flinks%2Falgonquinpower20201113.html\" class=\"prnews_a\" rel=\"nofollow noopener noreferrer\">http:\/\/services.choruscall.ca\/links\/algonquinpower20201113.html<\/a><br \/>\n                  <\/u><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen3\">\n              \n            <\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Presentation also available at: <u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3011417-1&amp;h=3327496193&amp;u=http%3A%2F%2Fwww.algonquinpowerandutilities.com%2F&amp;a=www.algonquinpowerandutilities.com\" class=\"prnews_a\" rel=\"nofollow noopener noreferrer\">www.algonquinpowerandutilities.com<\/a><\/u><\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnmr4\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Dial-in Access:<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Toll Free Canada\/US<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1-800-319-4610<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen3\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Toronto local<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">416-915-3239<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen3\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Please ask to join the Algonquin Power &amp; Utilities Corp. conference call\u00a0<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>\n        <b>About Algonquin Power &amp; Utilities Corp.<\/b>\n      <\/p>\n<p>Algonquin Power &amp; Utilities Corp, parent company of Liberty, is a diversified international generation, transmission, and distribution utility with approximately <span class=\"xn-money\">$11 billion<\/span> of total assets. Through its two business groups, the Regulated Services Group and the Renewable Energy Group, AQN is committed to providing safe, secure, reliable, cost-effective, and sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in <span class=\"xn-location\">the United States<\/span> and Canada.\u00a0 AQN is a global leader in renewable energy through its portfolio of long-term contracted wind, solar, and hydroelectric generating facilities representing over 2 GW of installed capacity and approximately 1.6 GW of incremental renewable energy capacity under construction or recently constructed.<\/p>\n<p>AQN is committed to delivering growth and the pursuit of operational excellence in a sustainable manner through an expanding global pipeline of renewable energy and electric transmission development projects, organic growth within its rate-regulated generation, distribution, and transmission businesses, and the pursuit of accretive acquisitions.<\/p>\n<p>AQN&#8217;s common shares, Series A preferred shares, and Series D preferred shares are listed on the Toronto Stock Exchange under the symbols AQN, AQN.PR.A, and AQN.PR.D, respectively. AQN&#8217;s common shares, Series 2018-A subordinated notes and Series 2019-A subordinated notes are listed on the New York Stock Exchange under the symbols AQN, AQNA and AQNB, respectively.<\/p>\n<p>Visit AQN at\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3011417-1&amp;h=1747417217&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D2861237-1%26h%3D2153352923%26u%3Dhttp%253A%252F%252Falgonquinpower.com%252F%26a%3Dwww.algonquinpowerandutilities.com&amp;a=www.algonquinpowerandutilities.com\" rel=\"nofollow noopener noreferrer\">www.algonquinpowerandutilities.com<\/a>\u00a0and follow us on Twitter @AQN_Utilities.<\/p>\n<p>\n        <b>Caution Regarding Forward-Looking Information<\/b>\n      <\/p>\n<p>Certain statements included in this news release constitute &#8221;forward-looking information&#8221; within the meaning of applicable securities laws in each of the provinces of <span class=\"xn-location\">Canada<\/span> and the respective policies, regulations and rules under such laws and &#8221;forward-looking statements&#8221; within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 (collectively, &#8221;forward-looking statements&#8221;). The words &#8220;will&#8221;, &#8220;expects&#8221;, &#8220;intends&#8221;, &#8220;plans&#8221;, &#8220;would&#8221;, &#8220;forecasts&#8221; and similar expressions are often intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Specific forward-looking statements in this news release include, but are not limited to statements regarding: the expected performance and growth of AQN, including expectations regarding future Adjusted Net Earnings per share and dividends; capital expenditure plans; investment opportunities; expected timing for closing the Company&#8217;s acquisitions; expected commercial operations dates; and new development projects and greenfield opportunities. These statements are based on factors or assumptions that were applied in drawing a conclusion or making a forecast or projection, including the factors and assumptions set out under the heading &#8220;Forward-Looking Statements and Forward-Looking Information&#8221; in AQN&#8217;s Management Discussion and Analysis for the three and nine months ended <span class=\"xn-chron\">September 30, 2020<\/span> (the &#8220;Interim MD&amp;A&#8221;). In addition, the Company&#8217;s expected Adjusted Net Earnings per share range of <span class=\"xn-money\">$0.71<\/span> to <span class=\"xn-money\">$0.76<\/span> for the 2021 fiscal year assumes (a) at the bottom of the range, a pessimistic COVID-19 scenario, closing of the Company&#8217;s previously-announced acquisition of New York American Water in the fourth quarter of 2021 and a conservative renewable resource estimate, and (b) at the top of the range, very minimal COVID-19 impacts, closing of the Company&#8217;s acquisition of New York American Water in the second quarter of 2021, a renewable resource estimate consistent with long-term averages and normalized weather. Since forward-looking statements relate to future events and conditions, by their very nature they rely upon assumptions and involve inherent risks and uncertainties. AQN cautions that although it is believed that the assumptions are reasonable in the circumstances, actual results may differ materially from the expectations set out in the forward-looking statements. Material risk factors include those set out in the Interim MD&amp;A, AQN&#8217;s Management Discussion and Analysis for the three and twelve months ended <span class=\"xn-chron\">December 31, 2019<\/span> (the &#8220;Annual MD&amp;A&#8221;), and AQN&#8217;s Annual Information Form for the year ended <span class=\"xn-chron\">December 31, 2019<\/span>, each filed with securities regulatory authorities in <span class=\"xn-location\">Canada<\/span> and <span class=\"xn-location\">the United States<\/span>. Given these risks, undue reliance should not be placed on these forward-looking statements, which apply only as of their dates. Other than as specifically required by law, AQN undertakes no obligation to update any forward-looking statements to reflect new information, subsequent or otherwise.<\/p>\n<p>\n        <b>Non-GAAP Financial Measures and Use of Non-GAAP Financial Measures<\/b>\n      <\/p>\n<p>The term &#8220;Adjusted Net Earnings&#8221; is not a recognized measure under U.S. GAAP. There is no standardized measure of &#8220;Adjusted Net Earnings&#8221; and, consequently, AQN&#8217;s method of calculating this measure may differ from methods used by other companies and therefore may not be comparable to similar measures presented by other companies. A calculation and analysis of &#8220;Adjusted Net Earnings&#8221;, including a reconciliation to net earnings, is set out below and can also be found in the Interim MD&amp;A and the Annual MD&amp;A. <\/p>\n<p>&#8220;Adjusted Net Earnings&#8221; is a non-GAAP measure used by many investors to compare net earnings from operations without the effects of certain volatile primarily non-cash items that generally have no current economic impact or items such as acquisition expenses or litigation expenses that are viewed as not directly related to a company&#8217;s operating performance. AQN uses &#8220;Adjusted Net Earnings&#8221; to assess its performance without the effects of (as applicable): gains or losses on foreign exchange, foreign exchange forward contracts, interest rate swaps, acquisition costs, one-time costs of arranging tax equity financing, litigation expenses and write down of intangibles and property, plant and equipment, earnings or loss from discontinued operations, unrealized mark-to-market revaluation impacts (other than those realized in connection with the sales of development assets), changes in value of investments carried at fair value, and other typically non-recurring items as these are not reflective of the performance of the underlying business of AQN. The non-cash accounting charge related to the revaluation of U.S. deferred income tax assets and liabilities as a result of implementation of the effects of the Tax Cuts and Jobs Act is adjusted as it is also considered a non-recurring item not reflective of the performance of the underlying business of AQN. AQN believes that analysis and presentation of net earnings or loss on this basis will enhance an investor&#8217;s understanding of the operating performance of its businesses. &#8220;Adjusted Net Earnings&#8221; is not intended to be representative of net earnings or loss determined in accordance with U.S. GAAP, and can be impacted positively or negatively by these items.<\/p>\n<p>\n        <i>Reconciliation of Adjusted Net Earnings to Net Earnings<\/i>\n      <\/p>\n<p>The following table is derived from and should be read in conjunction with the consolidated statement of operations.\u00a0 This supplementary disclosure is intended to more fully explain disclosures related to Adjusted Net Earnings and provides additional information related to the operating performance of AQN.\u00a0 Investors are cautioned that this measure should not be construed as an alternative to consolidated net earnings in accordance with U.S. GAAP.<\/p>\n<p>The following table shows the reconciliation of net earnings to Adjusted Net Earnings exclusive of these items:<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tr>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td colspan=\"7\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Twelve Months Ended <\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>December 31<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(all dollar amounts in $ millions except per share information)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td colspan=\"3\" class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2019<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td colspan=\"3\" class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2018<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Net earnings attributable to shareholders<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">530.9<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">185.0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Add (deduct):<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"3\" class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td colspan=\"3\" class=\"prngen4\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Loss (gain) on derivative financial instruments<sup>1<\/sup><\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen11\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(0.3)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">0.6<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Realized (loss) gain on energy derivative contracts<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen11\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(0.2)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">0.1<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Other Losses<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">15.1<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">0.8<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Loss (gain) on foreign exchange<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3.1<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prngen11\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(0.1)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Acquisition-related costs<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">11.6<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">0.7<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Change in value of investments carried at fair value<sup>3<\/sup><\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen11\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(278.1)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">138.0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Costs related to tax equity financing<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">\u2014<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1.3<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Other non-recurring adjustments<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2.2<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">\u2014<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">U.S. Tax Reform and related deferred tax adjustments<sup>2<\/sup><\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">\u2014<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prngen11\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(18.4)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prnsbt1 prnsbr1 prnvab prnsbbs prnpl10 prnsbl1 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Adjustment for taxes related to above<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">37.0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">4.2<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Adjusted Net Earnings<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>$<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>321.3<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>$<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>312.2<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Adjusted Net Earnings per share<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>$<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>0.63<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>$<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>0.66<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td colspan=\"8\" class=\"prngen8\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td colspan=\"8\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1.\u00a0 Excludes the gain related to the discontinuation of hedge accounting on an energy hedge put in place early in the development of the Sugar Creek Wind Project (See Note 24(b)(iv) in the Company&#8217;s annual audited consolidated financial statements).<\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2.\u00a0 Represents the non-cash accounting adjustment related to the revaluation of U.S. deferred income tax assets and liabilities as a result of implementation of the effects of U.S. Tax Reform.<\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3.\u00a0 See Note 8\u00a0in the Company&#8217;s annual audited consolidated financial statements.<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td colspan=\"7\" class=\"prnsbt1 prnsbr1 prnvab prnsbb1 prnpl6 prnsbl1 prnpr8\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td colspan=\"7\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Nine Months Ended <br \/>September 30<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(all dollar amounts in $ millions except per share information)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td colspan=\"3\" class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2020<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td colspan=\"3\" class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2019<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Net earnings attributable to shareholders<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">278.3<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">358.8<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Add (deduct):<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"3\" class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td colspan=\"3\" class=\"prngen4\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnml8\">\n                <span class=\"prnews_span\">Loss (gain) on derivative financial instruments<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen11\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(1.7)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">0.2<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnml8\">\n                <span class=\"prnews_span\">Realized loss on energy derivative contracts<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen11\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(1.0)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prngen11\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(0.2)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnml8\">\n                <span class=\"prnews_span\">Other net losses<sup>2<\/sup><\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">44.8<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">14.2<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnml8\">\n                <span class=\"prnews_span\">Loss (gain) on foreign exchange<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen11\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(5.6)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">0.1<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnml8\">\n                <span class=\"prnews_span\">Change in value of investments carried at fair value<sup>1<\/sup><\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen11\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(95.7)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prngen11\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(180.0)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnml8\">\n                <span class=\"prnews_span\">Other non-recurring adjustments<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1.0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">\u2014<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnml8\">\n                <span class=\"prnews_span\">Adjustment for taxes related to above<sup>3<\/sup><\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">18.8<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">24.6<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Adjusted Net Earnings<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>$<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>238.9<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>$<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>217.7<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Adjusted Net Earnings per share<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>$<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>0.43<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>$<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>0.43<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<td class=\"prngen4\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td colspan=\"8\" class=\"prngen9\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1.\u00a0 See Note 6 in the Company&#8217;s unaudited interim consolidated financial statements.<\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2.\u00a0 See Note 16 in the Company&#8217;s unaudited interim consolidated financial statements.<\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3.\u00a0 Includes a one-time tax expense of $9.3 million to reverse the benefit of deductions taken in the prior year.\u00a0 See Note 15 in the Company&#8217;s unaudited interim consolidated financial statements. <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=TO22401&amp;sd=2020-12-14\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/algonquin-power--utilities-corp-to-provide-update-on-strategic-initiatives-at-investor-day-301191969.html\">http:\/\/www.prnewswire.com\/news-releases\/algonquin-power&#8211;utilities-corp-to-provide-update-on-strategic-initiatives-at-investor-day-301191969.html<\/a><\/p>\n<p>SOURCE  Algonquin Power &amp; Utilities Corp.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=TO22401&amp;Transmission_Id=202012140700PR_NEWS_USPR_____TO22401&amp;DateId=20201214\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire This news release constitutes a &#8220;designated news release&#8221; for the purposes of the Company&#8217;s prospectus supplement dated May 15, 2020 to its short form base shelf prospectus dated April 3, 2020. OAKVILLE, ON, Dec. 14, 2020 \/PRNewswire\/ &#8211; Today Algonquin Power &amp; Utilities Corp., (&#8220;AQN&#8221; or the &#8220;Company&#8221;) (TSX: AQN) (NYSE: AQN)\u00a0the parent company of Liberty, will be hosting its 11th annual Analyst and Investor Day in a virtual format.\u00a0 During the event, members of AQN&#8217;s executive team will provide an update on its corporate strategy, including the Company&#8217;s strategic pillars of growth, operational excellence and sustainability, and will provide an overview of its financial position. &#8220;2020 been a year of significant achievement for us despite its challenges, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/algonquin-power-utilities-corp-to-provide-update-on-strategic-initiatives-at-investor-day\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Algonquin Power &amp; Utilities Corp. to Provide Update on Strategic Initiatives at Investor Day&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-398778","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Algonquin Power &amp; Utilities Corp. to Provide Update on Strategic Initiatives at Investor Day - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/algonquin-power-utilities-corp-to-provide-update-on-strategic-initiatives-at-investor-day\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Algonquin Power &amp; Utilities Corp. to Provide Update on Strategic Initiatives at Investor Day - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire This news release constitutes a &#8220;designated news release&#8221; for the purposes of the Company&#8217;s prospectus supplement dated May 15, 2020 to its short form base shelf prospectus dated April 3, 2020. OAKVILLE, ON, Dec. 14, 2020 \/PRNewswire\/ &#8211; Today Algonquin Power &amp; Utilities Corp., (&#8220;AQN&#8221; or the &#8220;Company&#8221;) (TSX: AQN) (NYSE: AQN)\u00a0the parent company of Liberty, will be hosting its 11th annual Analyst and Investor Day in a virtual format.\u00a0 During the event, members of AQN&#8217;s executive team will provide an update on its corporate strategy, including the Company&#8217;s strategic pillars of growth, operational excellence and sustainability, and will provide an overview of its financial position. &#8220;2020 been a year of significant achievement for us despite its challenges, &hellip; Continue reading &quot;Algonquin Power &amp; Utilities Corp. to Provide Update on Strategic Initiatives at Investor Day&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/algonquin-power-utilities-corp-to-provide-update-on-strategic-initiatives-at-investor-day\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-14T12:03:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=TO22401&amp;sd=2020-12-14\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"11 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/algonquin-power-utilities-corp-to-provide-update-on-strategic-initiatives-at-investor-day\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/algonquin-power-utilities-corp-to-provide-update-on-strategic-initiatives-at-investor-day\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Algonquin Power &amp; 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