# Algonquin Sells Chilean Utility Stake

> Algonquin Power & Utilities Corp. completes $126.4m sale of 64% stake in Chilean water utility Suralis.
- Title: Algonquin Sells Chilean Utility Stake · Financial Post
- Summary: Algonquin Power & Utilities Corp. completes $126.4m sale of 64% stake in Chilean water utility Suralis. Algonquin Power & Utilities Corp.
- Keywords: algonquin power utilities corp, suralis, toesca, chilean utility, ownership stake, sale, financial transaction, Financial Post
- Source: Financial Post — https://financialpost.com/pmn/business-wire-news-releases-pmn/algonquin-power-utilities-corp-completes-sale-of-ownership-stake-in-chilean-utility
- Author: Business Wire
- Published: 2026-10-30T21:01:06+00:00
- Read time: 1 min
- Topics: algonquin power utilities corp, suralis, toesca, chilean utility, ownership stake, sale, financial transaction, money, business
## Algonquin Completes Sale
Algonquin Power & Utilities Corp. completed sale of 64% ownership stake in Chilean water utility Suralis to Toesca fund.
## Transaction Details
Transaction generated $126.4 million proceeds plus $1.5 million earnout opportunity.
## CEO Statement
CEO Rod West said the sale simplifies portfolio and focuses on core regulated utility businesses.
## Key takeaway

Algonquin Power & Utilities Corp. sold its 64% stake in Chilean water utility Suralis to Toesca fund for $126.4m, advancing portfolio simplification.