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Algonquin Moves Forward with Renewable Energy Projects

Algonquin Moves Forward with Renewable Energy Projects

SUGAR LAND--August 15, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--Renewable energy developer Algonquin Power & Utilities Corporation (TSX:AQN) (Oakville, Ontario) reported net income of C$24.8 million ($19.2 million) in second-quarter 2016, compared to C$19.9 million ($15.4 million) in the second quarter of 2015, representing growth of 24.6%. Chief Executive Officer Ian Robertson pointed to the company's strong growth program, including recently commissioned projects, as adding to the strength of the company's results. Industrial Info is tracking more than $1.7 billion of Algonquin projects.

Within this article: Details on the progress of many of Algonquin's renewable energy projects.