Algonquin Power Income Fund
Toronto symbol APF.UN, has interests in 41 hydroelectric facilities - four in Ontario, 12 in Quebec, 13 in New York State, nine in New England, one in Alberta, one in New Jersey and one in Newfoundland. Algonquin also has interests in five natural gas-fired plants, a 99-megawatt wind plant, one energy-from-waste plant and two biomass facilities in Canada and the U.S., and 17 water distribution and wastewater treatment facilities in the U.S.
ALGONQUIN POWER & UTILITIES CORP. $4.88 (Toronto symbol AQN; Shares outstanding: 95.1 million; Market cap: $464.1 million; TSINetwork Rating: Extra Risk; Dividend yield: 4.9%; www.algonquinpower.com) holds interests in 47 hydroelectric plants in Canada and the northeastern U.S., as well as 14 thermal-energy facilities. Wholly owned Liberty Water Co. owns 19 U.S. water-distribution and waste-water plants.
The company also has a partnership …read more »
ALGONQUIN POWER INCOME FUND $2.39 (Toronto symbol APF.UN; Units outstanding: 77.6 million; Market cap: $185.6 million; SI Rating: Extra Risk) owns or has interests in 41 hydroelectric facilities — 13 in New York State, 12 in Quebec, nine in New England, four in Ontario, one in Alberta, one in New Jersey and one in Newfoundland. This gives Algonquin total hydroelectric …read more »
ALGONQUIN POWER INCOME FUND $2.88 (Toronto symbol APF.UN; Shares outstanding: 77.4 million; Market cap: $222.8 million; SI Rating: Extra Risk) dropped sharply in price recently after the fund cut its monthly distribution by 73.9%, to $0.02 from $0.0766. The units now yield 8.3%.
Prior to the cut, the fund paid out around 100% of its cash flow in distributions. That payout …read more »
ALGONQUIN POWER INCOME FUND $5.70 (Toronto symbol APF.UN; SI Rating: Extra Risk) has interests in 41 hydroelectric facilities — four in Ontario, 12 in Quebec, 13 in New York State, nine in New England, one in Alberta, one in New Jersey and one in Newfoundland. This represents total generating capacity of 141 megawatts.
Algonquin also has interests in five natural …read more »
ALGONQUIN POWER INCOME FUND $7.68 (Toronto symbol APF.UN; SI Rating: Extra Risk) now has direct or indirect interests in 47 hydroelectric facilities — 4 in Ontario, 12 in Quebec, 13 in New York State, 9 in New England, 1 in Alberta, 1 in New Jersey and 1 in Newfoundland. This represents total generating capacity of 140 megawatts.
Algonquin also has interests …read more »
PEMBINA PIPELINE INCOME FUND $16.52 (Toronto symbol PIF.UN; SI Rating: Extra risk) has increased its distribution for the second time this year. The fund now pays $0.12 a month, up 9.1% from $0.11 previously. The units now yield 8.7%. In January, Pembina increased its monthly distribution by 10%, to $0.11 from $0.10.
Pembina has interests in 14 feeder pipeline systems with …read more »
ALGONQUIN POWER INCOME FUND $8.43 (Toronto symbol APF.UN; SI Rating: Extra Risk) now has direct or indirect interests in 48 hydroelectric facilities — 4 in Ontario, 12 in Quebec, 13 in New York State, 13 in New Hampshire, 1 in Alberta, 2 in Vermont, 1 in New Jersey and 1 in Newfoundland. This represents total generating capacity of 140 megawatts. …read more »
GREAT LAKES HYDRO INCOME FUND $18.70 (Toronto symbol GLH.UN; SI Rating: Extra Risk) owns five hydroelectric power generation, transmission and distribution systems, in Quebec, B.C., New England and Ontario. Its facilities have 995 megawatts of generating capacity.
In the three months ended December 31, 2005, Great Lakes’ revenues rose 29.8%, to $39.2 million from $30.2 million. Cash flow per share more …read more »
