Similar Stories to Algonquin Power Completes Transformative Purchase Of Empire District on Bing News

On January 1st, Algonquin Power & Utility Corp. (NYSE: AQN) announced that it had completed their acquisition of the Empire District Electric Company (NYSE: EDE). This is a transformative transaction for Algonquin, as it increases the Canadian utility's size by 50% and more than doubles its total generating capacity. The combined entity will serve over 800,000 customers across the United States, with an asset base of close to $7 billion.