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05.01.26 - 14:45
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Algonquin Power & Utilities Corp. Appoints Peter Norgeot as Chief Operating Officer (Business Wire)
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OAKVILLE, Ontario--(BUSINESS WIRE)--Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) (“AQN”, “Algonquin” or the “Company”) today announced the appointment of Peter Norgeot as Chief Operating Officer (COO), effective immediately. Mr. Norgeot joins Algonquin after having recently retired as COO from Entergy Corporation (NYSE: ETR) (“Entergy”) and will be responsible for leading the Company's electric, gas, and water regulated utility operations, capital execution, and enterprise-wide operational excellence initiatives.
Pete is a proven utility executive with deep commercial acumen and experience driving operational performance, capital discipline, and organizational accountability across complex, multi-jurisdictional regulated businesses,” said Rod West, Chief Executive Officer of Algonquin. “I previously worked with Pete at Entergy, where I saw firsthand his ability to lead large-scale, customer-centric utility operations with discipline, integrity, and a strong commitment to safety a...
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05.01.26 - 14:36
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GATX Corporation and Brookfield Infrastructure Complete Acquisition of Wells Fargo′s Rail Assets (Business Wire)
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Transaction significantly expands GATX's scale and further diversifies its North American railcar portfolio
CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE: GATX) today announced the successful closing of the acquisition of Wells Fargo's rail operating lease portfolio on January 1, 2026. The acquisition was completed through a joint venture with Brookfield Infrastructure Partners L.P. (“BIP”) (NYSE: BIP; TSX: BIP.UN) and its institutional partners (collectively, “Brookfield Infrastructure”). Wells Fargo's rail operating lease portfolio comprised approximately 101,000 railcars and the purchase price was approximately $4.2 billion, reflecting the fleet count at closing. GATX anticipates that the transaction will be modestly accretive to earnings per share in the first full year after closing, with more substantial contributions expected in subsequent years.
“This marks an important milestone for GATX,” said Robert C. Lyons, president and chief executive officer of GATX. “With this acquisit...
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30.12.25 - 22:48
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3 Reasons to Buy Fortis Stock Like There′s No Tomorrow (Fool)
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Do you overlook utility stocks like Fortis? Such reliable, boring businesses often end up being some of the best long-term investments you can make.
The post 3 Reasons to Buy Fortis Stock Like There's No Tomorrow appeared first on The Motley Fool Canada....
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25.12.25 - 16:36
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Forget Risk: 3 Safe Stocks Canadians Can Buy for Steady Returns (Fool)
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Do you want steady compounding and calm nerves? Loblaw, Waste Connections, and Hydro One offer essential‑demand cash flow and dividends you can hold through downturns.
The post Forget Risk: 3 Safe Stocks Canadians Can Buy for Steady Returns appeared first on The Motley Fool Canada....
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25.12.25 - 15:36
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The Canadian Stock I′d Trust for the Next 10 Years (Fool)
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Brookfield Infrastructure is a TSX dividend stock which offers you a yield of over 5% and trades at an attractive multiple today.
The post The Canadian Stock I'd Trust for the Next 10 Years appeared first on The Motley Fool Canada....
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23.12.25 - 02:36
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Down 60%, This Dividend Stock is a Buy and Hold Forever (Fool)
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Algonquin's refocus on regulated utilities and a reset dividend could turn a bruised stock into a steadier income play if execution and deleveraging hold.
The post Down 60%, This Dividend Stock is a Buy and Hold Forever appeared first on The Motley Fool Canada....
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22.12.25 - 14:36
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GATX Corporation and Brookfield Infrastructure Receive All Required Regulatory Clearances to Complete the Acquisition of Wells Fargo′s Rail Assets (Business Wire)
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CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE: GATX) today announced that it, together with Brookfield Infrastructure Partners L.P. (“BIP”) (NYSE: BIP; TSX: BIP.UN) and its institutional partners (collectively, “Brookfield Infrastructure”), has received all required regulatory clearances to complete the transaction to acquire Wells Fargo's rail operating lease portfolio. The transaction will be completed through a joint venture between GATX and Brookfield Infrastructure. GATX anticipates the transaction will close on or about January 1, 2026.
Upon completion of the transaction, GATX will issue a separate release with additional closing details. For more information about the transaction, originally announced on May 29, 2025, please visit GATX's investor relations website at www.gatx.com.
FORWARD-LOOKING STATEMENTS
Statements contained in this press release that are not based on historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform...
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18.12.25 - 23:24
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TransAlta Provides Notice to Mothball Sheerness Unit 1 (GlobeNewswire EN)
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CALGARY, Alberta, Dec. 18, 2025 (GLOBE NEWSWIRE) -- Alberta Power (2000) Ltd., a subsidiary of TransAlta Corporation (TransAlta or the Company) (TSX: TA) (NYSE: TAC), provided notice to the Alberta Electric System Operator on December 18, 2025, that Sheerness Unit 1 will be temporarily mothballed effective April 1, 2026, for a period of up to two years. TransAlta maintains the flexibility to return the mothballed unit to service when market fundamentals or contracting opportunities are secured. The unit will remain available and fully operational through the winter season and Sheerness Unit 2 will remain fully in service....
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