company AQN - SteadyBase

steadybase-$ company AQN

account_id none on file

legal_name Algonquin Power & Utilities Corp.

ticker AQN

cik 1174169

domain algonquinpower.com

linkedin_company_url https://www.linkedin.com/company/algonquin-power-&-utilities-corp

entry_point_account_id none on file

exchange NYSE

sector Utilities

hq Oakville, Ontario, Canada

irhttp://investors.algonquinpower.com/

sector index/company/sector/utilities/

calls 7 filings 34 executives 0 family 0

why_nownone on file

calls

About a third of these reductions occurred naturally to reduce travel and other similar expenses.

Mar 5, 2021 / receipt, needs a key / Arthur, other | earnings call 2021-03-05 | transcript a3e26cf2-2ffb-454c-bb8f-3027bf3bed1f | chars 17724-17821 | segment 18

Some of the reductions are occurring naturally, like lower travel expenses. However, we're also taking proactive measures to recur operating expenses where possible, such as driving efficiencies through procurement and increasing focus on capital work.

Nov 13, 2020 / receipt, needs a key / Arthur, CFO | earnings call 2020-11-13 | transcript fccb1617-22cc-4e2d-aee9-0ccbaefacc3a | chars 13872-14124 | segment 14

Think about lower travel expenses and so forth.

Nov 13, 2020 / receipt, needs a key / Johnny, other | earnings call 2020-11-13 | transcript fccb1617-22cc-4e2d-aee9-0ccbaefacc3a | chars 30313-30360 | segment 31

Some of the reductions are occurring naturally, like lower travel expenses over the course of the year, but we are also taking proactive measures to reduce operating expenses where possible, of course, without compromising on safety, security, and reliability of the services we provide to our customers.

Aug 14, 2020 / receipt, needs a key / Arthur, CFO | earnings call 2020-08-14 | transcript 6149285f-2cf7-4ac0-a664-5de0d510da8e | chars 14187-14491 | segment 14

And in terms of the, sorry, just to answer your second part of the question, in terms of the cost savings, so the cost savings, a lot of the cost savings are coming out quite naturally, I mean, with respect to, you know, people are traveling less and less, conferences, etc.

Aug 14, 2020 / receipt, needs a key / Chris, CFO | earnings call 2020-08-14 | transcript 6149285f-2cf7-4ac0-a664-5de0d510da8e | chars 38549-38823 | segment 39

Some of the reductions will naturally flow out of things like lower travel expenses over the course of the year due to COVID.

May 8, 2020 / receipt, needs a key / Arun, other | earnings call 2020-05-08 | transcript fba6ae37-aeb8-4986-a962-330ec2d3611f | chars 14510-14635 | segment 14

So in our 2020 guidance, as you said, we've assumed a decrease of, what, $15 million. and it's really a bunch of things right there are some things uh that are are naturally uh reduced for example lower travel expenses things of this word uh and while higher uh the the pace is not at the same level as as before just because of the uh remote uh in work from home policies uh but there's also other things uh you know like operating costs uh and also focused on things like possibly pushing out some of the operational and maintenance expenses.

May 8, 2020 / receipt, needs a key / Nelson, other | earnings call 2020-05-08 | transcript fba6ae37-aeb8-4986-a962-330ec2d3611f | chars 36523-37067 | segment 36

filings

The Company expects to maintain its significant presence in Oakville, Ontario and establish its headquarters in Chicago, Illinois where AQN senior executive leadership would be based;