OAKVILLE, ON, March 30, 2021 /PRNewswire/ - Algonquin
Power & Utilities Corp. ("AQN" or "Algonquin" or "the Company")
(TSX: AQN) (NYSE: AQN) announced today the appointment of
Carol Leaman to its Board of
Directors.
"We are very pleased to continue to expand the skills and
diversity of our Board with the addition of Carol, who brings with
her a wealth of experience in the entrepreneurial technology
space," said Ken Moore, Chair of the
Board of Directors of Algonquin. "Ensuring our Board consists of
diverse perspectives and experiences is key to our ongoing success.
We expect Carol will be a great asset to the Board and look forward
to the contributions she will make."
Carol Leaman, is President &
CEO of Axonify, Inc., a technology leader in developing and
providing online training and work process solutions for frontline
workers. Prior to that she was the CEO of PostRank Inc., a
developer of social engagement analytics platforms that was sold to
Google. Carol is an active member of Canada's Silicon North technology cluster in
the Kitchener-Waterloo region and
has been CEO of several technology and software start-up
companies. She is the 2017 recipient of the Profit 500 Award
for Canada's Leading Female
Entrepreneur and an advisor to several Canadian high-tech
firms.
Ms. Leaman will serve as a Director for a term expiring at the
Company's 2021 annual meeting of shareholders when she will stand
for election by shareholders.
About Algonquin Power & Utilities Corp. and
Liberty
Algonquin Power & Utilities Corp., parent company of
Liberty, is a diversified international generation, transmission,
and distribution utility with approximately $13 billion of total assets. Through its two
business groups, the Regulated Services Group and the Renewable
Energy Group, AQN is committed to providing safe, secure, reliable,
cost-effective, and sustainable energy and water solutions through
its portfolio of electric generation, transmission, and
distribution utility investments to over one million customer
connections, largely in the United
States and Canada. AQN is a global leader in renewable
energy through its portfolio of long-term contracted wind, solar,
and hydroelectric generating facilities. AQN owns, operates, and/or
has net interests in over 3 GW of installed capacity.
AQN is committed to delivering growth and the pursuit of
operational excellence in a sustainable manner through an expanding
global pipeline of renewable energy and electric transmission
development projects, organic growth within its rate-regulated
generation, distribution, and transmission businesses, and the
pursuit of accretive acquisitions.
AQN's common shares, Series A preferred shares, and Series D
preferred shares are listed on the Toronto Stock Exchange under the
symbols AQN, AQN.PR.A, and AQN.PR.D, respectively. AQN's common
shares, Series 2018-A subordinated notes and Series 2019-A
subordinated notes are listed on the New York Stock Exchange under
the symbols AQN, AQNA and AQNB, respectively.
Visit AQN at www.algonquinpowerandutilities.com and
follow us on Twitter @AQN_Utilities.
All amounts are shown in United
States dollars ("U.S. $" or "$"), unless otherwise
noted.
Caution Regarding Forward-Looking Information
Certain statements included in this news release constitute
''forward-looking information'' within the meaning of applicable
securities laws in each of the provinces of Canada and the respective policies,
regulations and rules under such laws and ''forward-looking
statements'' within the meaning of the U.S. Private Securities
Litigation Reform Act of 1995 (collectively, ''forward-looking
statements"). The words "will", "expects", "anticipates", "may" and
similar expressions are often intended to identify forward-looking
statements, although not all forward-looking statements contain
these identifying words. Specific forward-looking statements in
this news release include but are not limited to statements
regarding the expected future contributions of the newly appointed
Board member. Since forward-looking statements relate to future
events and conditions, by their very nature they rely upon
assumptions and involve inherent risks and uncertainties. Algonquin
cautions that although it is believed that the assumptions are
reasonable in the circumstances, these risks and uncertainties give
rise to the possibility that actual results may differ materially
from the expectations set out in the forward-looking statements.
Material risk factors include those set out in the Annual
Management Discussion and Analysis and in AQN's Annual Information
Form for the year ended December 31,
2020, each filed with securities regulatory authorities in
Canada and the United States. Given these risks, undue
reliance should not be placed on these forward-looking statements,
which apply only as of their dates. Other than as specifically
required by law, AQN undertakes no obligation to update any
forward-looking statements to reflect new information, subsequent
or otherwise.
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SOURCE Algonquin Power & Utilities Corp.
