AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Challenges Facing Algonquin Power Amid Strategic Changes
This chapter explores Algonquin Power's decision to sell its renewable power business for $2.5 billion, aimed at enhancing its financial stability and transitioning to a regulated utility model. The speakers assess the impact of rising interest rates and floating rate debt on Algonquin's financial health compared to other utility companies.