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Algonquin Power agrees to sell 64% stake in Chilean water utility Suralis for USD 126.5 million

PUBT·08/28/2026 20:30:37
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Algonquin Power agrees to sell 64% stake in Chilean water utility Suralis for USD 126.5 million
  • Algonquin Power & Utilities agreed to sell its ~64% stake in Chilean water utility Suralis to a fund managed by Toesca.
  • Expected proceeds of USD 126.5 million, with an earnout opportunity of up to USD 1.5 million.
  • Cash earmarked for debt reduction, with capital recycling into a USD 3.2 billion capital plan for 2026-2028.
  • Closing targeted within the next two quarters, subject to customary conditions including merger control approval.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Algonquin Power & Utilities Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260828521829) on August 28, 2026, and is solely responsible for the information contained therein.