Algonquin Power & Utilities Corp. Completes Sale of Ownership Stake in Chilean Utility

Transaction advances portfolio simplification and supports capital deployment priorities OAKVILLE, Ontario — Algonquin Power & Utilities Corp.

(TSX/NYSE: AQN) (“AQN”, “Algonquin” or the “Company”) today announced that it has completed the previously announced sale of its approximately 64% ownership interest in Chilean water utility Suralis S.A.

(“Suralis”) to a fund managed by Toesca S.A.