Algonquin Power signs deal to sell renewable energy business for up to US$2.5B

OAKVILLE, Ont. — Algonquin Power & Utilities Corp. says it has signed a deal to sell its renewable energy business to a subsidiary of LS Power for up to US$2.5 billion.

The company also announced it was cutting its dividend to 6.5 cents US per share for the third quarter from 10.85 cents US per share in the second quarter.Should social media companies do more to stop riots? Yahoo readers have their say The teenager who Austrian authorities say planned to unleash a "bloodbath" at a Taylor Swift concert in Vienna this week only recently showed hints of being radicalized on the Internet into committing acts of violence, according to people who knew him. Identified by Austrian media as Beran A.

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Algonquin Power & Utilities to sell renewable energy business for up to $2.5 billionCanada's Algonquin Power & Utilities Corp said on Friday that it is selling its renewable energy business, excluding hydropower operations, to a wholly-owned...
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