Algonquin Power Income Fund declares cash distribution for March 2007

    OAKVILLE, ON, March 21 /CNW/ - Algonquin Power Income Fund (the "Fund")
(TSX:APF.UN) of Oakville, Ontario announced today that its Trustees have
declared a cash distribution on its trust units. The distribution is $0.0766
per trust unit payable on May 15, 2007 to the unitholders of record on
March 30, 2007 for the period from March 01, 2007 to March 31, 2007.
    The Fund has 73,285,772 units issued and outstanding which together with
2,837,297 units of Algonquin (AirSource) Power LP outstanding, results in an
aggregate of 76,068,593 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 Income Fund is an open-ended investment trust that owns
and has interests in a diverse portfolio of power generating and
infrastructure assets across North America, including 47 hydroelectric
facilities, five natural gas-fired cogeneration facilities, 17 alternative
fuels facilities and 17 water distribution and waste-water facilities.
Algonquin Power Income Fund was established in 1997 to provide unitholders
with sustainable, highly stable cash flows through a diversified portfolio of
energy and infrastructure assets. Algonquin Power Income Fund's units and
convertible debentures are traded on the Toronto Stock Exchange under the
symbols APF.UN, APF.DB & APF.DB.A and units are included in the S&P/TSX
Composite Index. More information about Algonquin Power Income Fund can be
found at

    %SEDAR: 00009265E

For further information:

For further information: Ms. Kelly Castledine, Algonquin Power Income
Fund, 2845 Bristol Circle, Oakville, Ontario, L6H 7H7, Telephone: (905)
465-4500, E-mail:, Web Page:

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890