Algonquin Power Income Fund Press Release.Business Editors TORONTO--(BUSINESS WIRE)--Sept. 19, 2003 Algonquin Power Income Fund (the "Fund") of Oakville, Ontario Oakville (2006 population 165,613[2]) is a town on Lake Ontario in southern Ontario, Canada, midway between Toronto (about 31 km or 19 mi away) on its eastern border and Hamilton (about 20 km or 12 mi away) from its western border. announced today that its Trustees have declared a cash distribution on its trust units. The distribution is $0.0766 per trust unit ($5,200,191.08) payable on November 14, 2003 to the unitholders of record on September 30, 2003 for the period from September 1, 2003 to September 30, 2003. The energy assets owned by the Fund have been consolidated into three operating divisions reflecting the common characteristics of the asset classes. The Hydroelectric Division holds direct and indirect equity interests in 47 hydroelectric generating facilities located in Ontario (5), Quebec (12), Newfoundland (1), Alberta (1), New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of State (12), New Hampshire New Hampshire, one of the New England states of the NE United States. It is bordered by Massachusetts (S), Vermont, with the Connecticut R. forming the boundary (W), the Canadian province of Quebec (NW), and Maine and a short strip of the Atlantic Ocean (E). (13), New Jersey (1) and Vermont (2) representing aggregate installed generating capacity of approximately 140MW; The Cogeneration Division portfolio is comprised of three natural gas fired generating stations representing approximately 113MW of installed capacity located in California, Conneticut and New Jersey and minority term investments in three natural gas fired generating facilities with combined installed capacity of approximately 290MW located across Ontario; The Alternative Fuels Division is comprised of one 10MW energy-from-waste facility located in Ontario, one 1.6MW landfill gas powered generating station located in Illinois and partnership, share and debt interests in three bio-mass fired generating facilities with combined installed capacity of approximately 70MW located in Alberta, Quebec and Nova Scotia Nova Scotia (nō`və skō`shə) [Lat.,=new Scotland], province (2001 pop. 908,007), 21,425 sq mi (55,491 sq km), E Canada. Geography . In addition to its electricity generating asset portfolio, the Fund's Infrastructure Division owns six water reclamation Reclamation A claim for the right to return or the right to demand the return of a security that has been previously accepted as a result of bad delivery or other irregularities in the delivery and settlement process. and distribution facilities located in the southern United States The Southern United States—commonly referred to as the American South, Dixie, or simply the South—constitutes a large distinctive region in the southeastern and south-central United States. . The Fund currently has 67,887,612 units issued and outstanding. |
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