# Algonquin Power Reports $57.6 Million Net Earnings and Completes Suralis Sale

> Algonquin Power posted $57.6 million in third-quarter 2026 net earnings, filed a Large Load Tariff in Missouri and closed the sale of its Suralis stake.

- Published: 2026-11-06T12:02:19+00:00
- Section: Earnings & Results
- Author: News Desk
- URL: https://newsforagent.com/news/2026-11-06/algonquin-third-quarter-2026-earnings-suralis
- Source: [Business Wire](https://www.businesswire.com/news/home/20261106507098/en/)

## Key takeaways

- Algonquin reported third-quarter 2026 net earnings of $57.6 million, or $0.07 per common share, and Adjusted Net Earnings of $88.1 million, or $0.11 per share.
- Empire Electric Missouri filed its proposed Large Load Tariff with the Missouri Public Service Commission on September 11, 2026.
- Algonquin sold its roughly 64% stake in Chilean water utility Suralis for approximately $126.4 million plus an earnout of up to $1.5 million.

Algonquin Power & Utilities Corp. reported third-quarter 2026 net earnings of $57.6 million, or $0.07 per common share, and Adjusted Net Earnings of $88.1 million, or $0.11 per common share, [Business Wire](https://www.businesswire.com/news/home/20261106507098/en/) reported on November 6, 2026. The company also filed a Large Load Tariff in Missouri and completed the sale of its stake in a Chilean water utility.

## Inside Algonquin's Third-Quarter Results

[Algonquin](https://akta.pro/company-profiles/00046fj/algonquin) is the Oakville, Ontario-based parent of Liberty Utilities, which provides electricity, natural gas, water and wastewater service to more than 1.27 million customer connections, largely in the United States and Canada.

For the nine months ended September 30, 2026, net earnings were $145.6 million, or $0.19 per common share, and Adjusted Net Earnings were $216.9 million, or $0.28 per common share. Those figures compare with net earnings of $71.0 million, or $0.09 per common share, and Adjusted Net Earnings of $69.0 million, or $0.09 per common share, in the third quarter of 2025.

The Regulated Services Group reported net earnings of $72.6 million for the quarter, against $103.6 million a year earlier. The company cited one-time items of $35.4 million, including $16.6 million of non-recoverable costs and additional accruals tied to the Mountain View Fire and an $8.3 million loss on the net assets of Suralis Holdco classified as held for sale.

"Our progress in the third quarter reflects continued execution of our 'Back to Basics' strategy as we transform into a premier, pure-play utility," said Rod West, Chief Executive Officer of AQN.

Empire Electric Missouri filed its proposed Large Load Tariff with the Missouri Public Service Commission on September 11, 2026. The company said the tariff is intended to support economic development and large-load investment while requiring large load customers to pay their representative cost of service.

## Algonquin's Utility Scale in Company Records

According to akta.pro [company records](https://akta.pro/company-data), Algonquin reported a rate base of US$8.2 billion and total assets of US$14.1 billion as at December 31, 2025. The same records list customer connections of over 1.27 million as of that date, serving electricity, natural gas, water and wastewater customers through Liberty Utilities.

## Suralis Sale and Earlier Algonquin Moves

Algonquin sold its roughly 64% stake in Chilean utility Suralis for approximately $126.4 million, plus an earnout of up to $1.5 million, TradingView reported on October 30, 2026. Proceeds are expected to be used for debt paydown and capital recycling, supporting its 2026-2028 plan.

In May 2026, Algonquin completed the acquisition of a Massachusetts natural gas utility, adding approximately 53,000 gas customers, according to akta.pro company records. Liberty Utilities also priced $1.15 billion in senior unsecured notes in May 2026, comprising $650 million at 5.100% due 2031 and $500 million at 5.650% due 2036, to refinance outstanding 5.365% notes due 2026.

## Algonquin's Redomicile and Dividend Dates

Algonquin said its planned U.S. redomicile remains on track, with the private letter ruling process with the Internal Revenue Service progressing as expected. The company declared a fourth-quarter 2026 common share dividend of US$0.0650 per share, payable January 15, 2027, and preferred share dividends of C$0.41100 per Series A and C$0.42831 per Series D, payable December 31, 2026, FinancialContent Business Page reported.

## Companies in this story

- [Algonquin company profile](https://akta.pro/company-profiles/00046fj/algonquin) · website: http://www.algonquinpower.com

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