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Algonquin Power & Utilities Corp.

09:38 AM EST - Algonquin Power & Utilities Corp. : Has entered into an agreement to acquire from Aguas Andinas S.A. its 53.51% direct and indirect participation in the water utility company Empresa de Servicios Sanitarios de Los Lagos S.A.(ESSAL) for an estimated purchase price of $92.3 million. Due to local regulation a tender offer process will also be launched for the total remaining shares of ESSAL Algonquin Power & Utilities Corp. shares T.AQN are trading unchanged at $18.20.