Algonquin Power Co., founded in 1988 and based in Oakville, Ontario, is a leading renewable energy and utility company dedicated to providing sustainable energy solutions. The company operates a diversified portfolio of renewable generation facilities, including hydroelectric, wind, and solar power, alongside regulated utility operations that deliver electricity and natural gas to customers across North America.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| AQNCN 2.85% 2031-07-15 CADAlgonquin Power Co. | Canada | 2031-07-15 | 2.850 | 2.21 |
| AQNCN 4.09% 2027-02-17 CADAlgonquin Power Co. | Canada | 2027-02-17 | 4.090 | 2.79 |
| AQNCN 4.09% 2027-02-17 CADAlgonquin Power Co. | Canada | 2027-02-17 | 4.090 | 3.53 |
| AQNCN 4.60% 2029-01-29 CADAlgonquin Power Co. | Canada | 2029-01-29 | 4.600 | 2.71 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Algonquin Power Co. entered the bond market in 2012 and has since emerged as a noteworthy issuer, enhancing its financial flexibility through various offerings. Significant bond issuances include a $400 million green bond in 2019, aimed at funding renewable energy projects, reflecting growing investor interest in sustainable investments. The company's bonds currently yield competitively against industry averages, with recent offerings featuring attractive terms such as 10-year maturities and tax-exempt options, solidifying the company's reputation among fixed-income investors amid increasing focus on ESG criteria.