Algonquin Power Plots $12.4 Billion in Capex through 2026, Emphasizes Renewables

SUGAR LAND--December 15, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Algonquin Power & Utilities Corporation (NYSE:AQN) (Oakville, Ontario), an energy generation, transmission and distribution utility serving the U.S. and Canada, is planning a capital expenditure (capex) budget of $12.4 billion for 2022 through 2026. Much of the investment is going toward renewable-energy development; Algonquin's greenfield development pipeline includes more than 3,800 megawatts (MW) of wind and solar opportunities and about 1,700 megawatt-hours (MWh) of battery-storage opportunities. Industrial Info is tracking about $2.5 billion worth of active projects from Algonquin.

Within this article: Details on some of the highest-valued projects from Algonquin, including new solar and wind-power projects across the U.S. and Canada, and from the newly acquired Kentucky Power.

Other companies featured: White Construction, Infrastructure and Energy Alternatives (NASDAQ:IEA), Siemens Gamesa Renewable Energy, Borea Construction, Pomerleau Incorporated and American Electric Power (AEP) (NASDAQ:AEP).