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Algonquin agrees to sell 64% stake in Chilean utility Suralis for USD 126.5 million
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Algonquin agrees to sell 64% stake in Chilean 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 the USD 3.2 billion 2026-2028 capital plan.
  • 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: 202608281630BIZWIRE_USPR_____20260828_BW521829) on August 28, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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