Algonquin Power & Utilities to Sell Stake in Chilean Water Utility Suralis to Toesca Fund

August 28, 2026

Algonquin Power & Utilities Corp. reached an agreement to sell its approximately 64% ownership stake in Chilean water utility Suralis S.A. to a fund managed by Toesca S.A. Administradora General de Fondos. The transaction is expected to close within the next two quarters for total proceeds of about $126.5 million, plus an earnout opportunity of up to $1.5 million.

Buyers
Toesca S.A. Administradora General de Fondos (fund managed)
Targets
Suralis S.A.
Sellers
Algonquin Power & Utilities Corp.
Industry
Utilities
Location
Chile
Transaction Type
Divestiture

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