OAKVILLE, ON, May 21 /CNW/ - Algonquin Power Income Fund ("Algonquin
Power") (TSX:APF.UN) of Oakville, Ontario announced today that its Trustees
have declared a cash distribution on its trust units. The distribution is
$0.02 per trust unit payable on June 15, 2009 to the unitholders of record on
May 29, 2009 for the period from May 01, 2009 to May 31, 2009.
Algonquin Power has 77,914,936 units issued and outstanding which
together with 1,694,718 units of Algonquin (AirSource) Power LP outstanding,
results in an aggregate of 79,577,115 equivalent trust units issued and
outstanding based on the exchange provisions applicable with respect to units
of Algonquin (AirSource) Power LP.
About Algonquin Power Income Fund
Algonquin Power is an open-ended investment trust that owns and has
interests in a diverse portfolio of clean, renewable power generation and
sustainable infrastructure assets across North America, including 42 renewable
energy facilities, 11 thermal energy facilities, and 17 water distribution and
waste-water facilities. Algonquin Power was established in 1997 to provide
stable earnings through a diversified portfolio of renewable energy assets.
Algonquin Power's units and convertible debentures are traded on the Toronto
Stock Exchange under the symbols APF.UN, APF.DB and APF.DB.A.
For further information:
For further information: Ms. Kelly Castledine, Algonquin Power Income
Fund, 2845 Bristol Circle, Oakville, Ontario, L6H 7H7, Telephone: (905)