Algonquin Power to sell 64% stake in Chilean utility Suralis for $126M (AQN:NYSE)

Power lines and sunset landscape — Gargolas/iStock via Getty Images

Algonquin Power & Utilities (AQN) said post-market Friday it agreed to sell its ~64% ownership stake in Chilean water utility Suralis S.A. to Chilean asset manager Toesca S.A. Administradora General de Fondos.

Algonquin (AQN) said it expects to receive $126.5M

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Algonquin Power to sell 64% stake in Chilean utility Suralis for $126M (AQN:NYSE)

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