Algonquin Power & Utilities Corp.’s Registered Primary Common Stock Offering

Cravath represented the underwriters in connection with the C$800 million registered 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 November 8, 2021.

The Cravath team included partners Andrew J. Pitts and C. Daniel Haaren and associates Carol S. Lin and Ddang P. Kim on capital markets matters, partner Matthew Morreale and senior attorney Annmarie M. Terraciano on environmental matters and associate Carlos Nicholas Obando on tax matters. Harlea A. Perdue and Mary Jean Whitsell also worked on capital markets matters.