Starboard Value reached agreement with Algonquin Power & Utilities (AQN)

Key Summary: On July 6, 2023, Starboard urged sale of Algonquin's renewable business to reduce leverage, enhance EPS, and align dividend payout ratio with industry standards. On October 17, 2023, at the Capitalize for Kids Investors Conference, Starboard presented value creation opportunities. On March 21, 2024, it expressed concerns to the Board about …