OAKVILLE, ON, Sept. 23 /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 October 15, 2009 to the unitholders of record on September 30, 2009 for the period from September 01, 2009 to September 30, 2009.
Algonquin Power has 78,016,965 units issued and outstanding which, together with 1,593,735 units of Algonquin (AirSource) Power LP outstanding, results in an aggregate of 79,580,100 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 owns and operates a diverse portfolio of approximately $1 billion of clean, renewable power generation and sustainable utility infrastructure assets across North America. Algonquin Power's generation portfolio includes 42 renewable energy facilities and 11 thermal energy facilities representing more than 400 MW of installed capacity and Algonquin Power provides regulated utility services to more than 70,000 customers through its portfolio of 18 water distribution and wastewater treatment utility companies. Algonquin Power's trust units and convertible debentures are traded on the Toronto Stock Exchange under the symbols APF.UN, APF.DB and APF.DB.A. Visit Algonquin Power on the web at www.AlgonquinPower.com.
SOURCE Algonquin Power & Utilities Corp.
For further information: For further information: Ms. Kelly Castledine, Algonquin Power Income Fund, 2845 Bristol Circle, Oakville, Ontario, L6H 7H7, Telephone: (905) 465-4500, www.algonquinpower.com