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News & Insights

Algonquin Power & Utilities’ Primary Common Stock Offering

July 31, 2020

Cravath represented the underwriters, led by Scotia Capital Inc. and CIBC World Markets Inc., in connection with the C$632.62 million primary common stock offering of Algonquin Power & Utilities Corp. Through its subsidiaries, Algonquin Power & Utilities Corp. owns and operates a portfolio of regulated and non‑regulated generation, distribution and transmission utility assets in Canada and the United States. The shares were listed on the Toronto Stock Exchange and the New York Stock Exchange. The transaction closed on July 17, 2020.

The Cravath team included partner Andrew J. Pitts, senior attorney Mark Mushkin and associates Kevin P. Gibson and Andrea Roman‑Gonzalez on capital markets matters, and associates Andrew T. Davis and Kyle R. Jorstad on tax matters.

Related Practices & Industries

  • Corporate
  • Capital Markets
  • Tax

People

Photo
Name
Andrew J. Pitts
Title
Corporate
Title
Partner
Email
apitts@cravath.com
Phone
+1-212-474-1620
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    Education

    • M.B.A., 1995, Boston University
      with High Honors
    • J.D., 1994, Boston University School of Law
      summa cum laude
    • B.A., 1988, Trinity College

    Admitted In

    • New York
    Photo
    Name
    Andrew T. Davis
    Title
    Tax
    Title
    Partner
    Email
    adavis@cravath.com
    Phone
    +1-212-474-1272
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      Education

      • LL.M., 2020, New York University School of Law
      • J.D., 2014, Stanford Law School
      • A.B., 2010, Princeton University

      Admitted In

      • New York

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