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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 56,142 $ 57,623
Trade and other receivables, net (note 4) 524,194 528,057
Fuel and natural gas in storage 48,982 95,350
Supplies and consumables inventory 178,150 129,571
Regulatory assets (note 7) 142,970 190,393
Prepaid expenses 81,926 58,653
Derivative instruments (note 24) 10,920 12,270
Other assets (note 11) 23,061 22,564
Assets, current, total 1,066,345 1,094,481
Property, plant and equipment, net (note 5) 12,517,450 11,944,885
Intangible assets, net (note 6) 93,938 96,683
Goodwill (note 6) 1,324,062 1,320,579
Regulatory assets (note 7) 1,184,713 1,081,108
Long-term investments (note 8)    
Investments carried at fair value 1,115,729 1,344,207
Other long-term investments 641,920 462,325
Derivative instruments (note 24) 72,328 71,630
Deferred income taxes (note 18) 158,483 84,416
Other assets (note 11) 198,993 127,299
Assets 18,373,961 17,627,613
Current liabilities:    
Accounts payable 210,412 186,080
Accrued liabilities 554,875 555,792
Dividends payable (note 15) 74,916 125,655
Regulatory liabilities (note 7) 99,850 69,865
Long-term debt (note 9) 621,856 423,274
Other long-term liabilities (note 12) 80,458 134,212
Derivative instruments (note 24) 34,915 32,491
Other liabilities 7,898 7,091
Liabilities, current, total 1,685,180 1,534,460
Long-term debt (note 9) 7,894,174 7,088,743
Regulatory liabilities (note 7) 634,446 558,317
Deferred income taxes (note 18) 578,902 565,639
Derivative instruments (note 24) 75,961 137,830
Pension and other post-employment benefits obligation (note 10) 96,653 125,579
Other long-term liabilities (note 12) 465,874 461,230
Liabilities, noncurrent, total 9,746,010 8,937,338
Redeemable non-controlling interests (note 17)    
Redeemable non-controlling interest, held by related party 308,350 307,856
Redeemable non-controlling interests 10,013 11,520
Redeemable non-controlling interests, total 318,363 319,376
Equity:    
Preferred shares 184,299 184,299
Common shares (note 13(a)) 6,229,994 6,183,943
Additional paid-in capital 7,254 9,413
Deficit (1,279,696) (997,945)
Accumulated other comprehensive loss (“AOCI”) (note 14) (102,286) (160,063)
Total equity attributable to shareholders of Algonquin Power & Utilities Corp. 5,039,565 5,219,647
Non-controlling interests (note 17)    
Non-controlling interests - tax equity partnership units 1,196,720 1,225,608
Other non-controlling interests 347,338 333,362
Non-controlling interest, held by related party 40,785 57,822
Non-controlling interests, total 1,584,843 1,616,792
Total equity 6,624,408 6,836,439
Commitments and contingencies (note 22)
Subsequent events (notes 3(c), 7(a), 8(c), 9(c), 9(d), 16(a), 17(c))
Liabilities and equity, total $ 18,373,961 $ 17,627,613