- Canada's Algonquin Power & Utilities Corp said on Friday that it is selling its renewable energy business, excluding hydropower operations, to a wholly-owned subsidiary of LS Power for up to $2.5 billion.
The transaction is expected close in the fourth quarter of 2024 or the first quarter of 2025, the company said.How I found myself at the heart of a fake news storm Olympics LIVE: Toby Roberts snags stunning climbing gold as Katarina Johnson-Thompson in heptathlon hunt Its U.S.-listed shares were up 3.3% at $7.15 in premarket trading. Canopy Growth's quarterly operating expenses fell 23.7% to C$52.1 million from a year ago. Revenue from its Canadian medical cannabis business rose 20.3% to C$18.8 million in the quarter ended June 30.PICit A/S Receives Strategic Growth Investment from Arcadea Group