Q: The company recently sold a few large assets, a recent deal of their non regulated renewable assets and their 42.2% stake in Atlantica. I can’t see $ figures anywhere but with market cap of $2.55 B USD, I’d hope they got a raised a substantial amount.
How does this affect your view on AQN going forward? What is their current debt? I’m holding at a slight loss in a non registered account and ok holding and collecting yield if there is upside.
How does this affect your view on AQN going forward? What is their current debt? I’m holding at a slight loss in a non registered account and ok holding and collecting yield if there is upside.
5i Research Answer:
AQN got $2.5B for its renewable unit. Debt was $7.5B at the end of September. It is priced well...