Algonquin Power & Utilities Corp buys Chilean water utility

11 September 2020 - 12:00 am UTC

Canada’s Algonquin Power & Utilities Corp (APUC) will make its first international water utility acquisition, by buying a 53.51% stake in a Chilean water company, according to an 11 September press release.

APUC has agreed to pay Aguas Andinas USD 92.3m for its stake in the Empresa de Servicios Sanitarios de Los Lagos (ESSAL) water concession in southern Chile. 

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