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International

Algonquin Power to sell renewable energy group, names new CEO

Technology Algonquin Power Toronto / GTA Aug. 10 2023

Algonquin Power and Utilities Corp. (AQN-T) announced it would pursue the sale of its renewable energy group to focus on low-risk regulated investments, and announced the resignation of CEO Arun Banskota.

PSP, IMCO, Sandbrook acquire German wind company for $1B

Tyler Choi Finance Acquisition International Aug. 10 2023

Public Sector Pension Investment Board (PSP Investments), Investment Management Corporation of Ontario (IMCO) and renewables-focused investment firm Sandbrook Capital have partnered to acquire German renewables company NeXtWind Capital Ltd. for approximately $1 billion.

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