ALGONQUIN POWER & UTILITIES CORP.

Algonquin Power & Utilities operates regulated utility systems across electric, water distribution and wastewater collection, and natural gas segments. The company serves approximately 1.27 million customer connections across North America and Chile, operating distribution and transmission infrastructure along with hydroelectric generation assets. Its business model centers on regulated utility rate-base operations, which provide stable, predictable cash flows through established regulatory frameworks.

The electric utility segment operates in seven U.S. states—Arkansas, California, Kansas, Missouri, Nevada, New Hampshire, and Oklahoma—as well as Bermuda, serving roughly 310,000 electric customer connections. The water and wastewater segment spans six U.S. states plus Chile with approximately 577,000 customer connections. The natural gas distribution segment operates across seven U.S. states and New Brunswick, Canada, serving approximately 378,000 customer connections. The company also generates and sells hydroelectric power in Canada through 14 generation facilities with approximately 115 megawatts of gross capacity, supplemented by 2.0 gigawatts of generating assets and investments in approximately 0.3 gigawatts of net generation capacity.

With 3,786 full-time employees and a market capitalization of $5.4 billion, Algonquin is incorporated in Ontario, Canada and headquartered in Oakville. The company's diversified geographic footprint and multi-segment utility portfolio provide exposure to regulated infrastructure across three core utility services.