Algonquin comments on starboard value director nominations

Oakville, on , march 22, 2024 /prnewswire/ - algonquin power & utilities corp. ("algonquin" or the "company") (tsx: aqn) (nyse: aqn) today issued the following statement regarding the director nominations submitted by starboard value lp (together with its affiliates, "starboard") to stand for election to the algonquin board of directors at the company's 2024 annual general meeting of shareholders (the "annual meeting"): algonquin maintains open communications with its shareholders and appreciates constructive input that advances its goal of enhancing shareholder value. the company is making important progress executing on its key initiatives, including pursuing a sale of its renewable energy business, continuing its search process for a permanent ceo and repositioning the company towards a more efficient operating profile and a simplified strategy for the future.
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