ECP close to acquisition of UK's Atlantica Sustainable Infrastructure [Yahoo! Finance]
Algonquin Power & Utilities Corp. Common Shares (AQN)
Last algonquin power & utilities corp. common shares earnings: 2/27 07:54 pm
Check Earnings Report
US:NYSE Investor Relations:
algonquinpower.com
Company Research
Source: Yahoo! Finance
The American private equity firm is finalising the terms of the potential acquisition, with a deal to be announced in spring or early summer 2024. Atlantica Sustainable Infrastructure's shares have seen a decline of 18% in US trading between February and May 2024, leading to a market capitalisation of $2.5bn. Including debt, the company's valuation stands at $7bn. Atlantica's asset portfolio spans the US, Europe, South America and Africa, with energy production from wind, solar and natural gas sources. In February 2023, Atlantica initiated a strategic review process aimed at enhancing shareholder value. Algonquin Power & Utilities is a significant stakeholder with 42% of the company. The outcome of the ongoing discussions remains uncertain, and there is a possibility that an agreement may not be reached, or that Atlantica could opt not to proceed. ECP, established in 2005 by ex-Goldman Sachs investment banker Doug Kimmelman, manages $30bn in capital commitments. The com
Show less
Read more
Impact Snapshot
Event Time:
AQN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AQN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AQN alerts
High impacting Algonquin Power & Utilities Corp. Common Shares news events
Weekly update
A roundup of the hottest topics
AQN
News
- Up by 34%: Is Algonquin Stock a Good Investment in May 2024? [Yahoo! Finance Canada]Yahoo! Finance Canada
- Algonquin Power & Utilities Corp. (NYSE: AQN) had its price target lowered by analysts at Desjardins from $5.50 to $5.25. They now have a "hold" rating on the stock.MarketBeat
- Algonquin Power & Utilities Corp. (NYSE: AQN) had its price target raised by analysts at Wells Fargo & Company from $8.00 to $8.50. They now have an "overweight" rating on the stock.MarketBeat
- Algonquin Power & Utilities Corp. (NYSE: AQN) was upgraded by analysts at StockNews.com to a "sell" rating.MarketBeat
- Algonquin Power & Utilities (AQN) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance