Algonquin Power & Utilities Corporation agrees to sell its majority stake in Chilean water utility Suralis in a deal valued at about $126.5 million, according to the reported terms.
Multiple outlets describe the transaction as the sale of a 64% stake. Investing.com and Seeking Alpha both cite a similar total consideration, with Investing.com putting the figure at $126.5 million and Seeking Alpha describing it at roughly $126 million. The difference appears to be rounding or minor variation in the reported amount.
Both sources frame the transaction as a step in Algonquin Power’s portfolio activity involving its Chilean water investment. Beyond the headline consideration and stake size, the outlets’ brief descriptions do not provide additional specifics such as closing timing, buyer identity, or conditions precedent, so those details are not uniformly stated across the provided material.
