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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 34,842 $ 25,051
Trade and other receivables, net (note 4) 422,571 401,440
Fuel and natural gas in storage 43,719 48,982
Supplies and consumables inventory 179,881 173,424
Regulatory assets (note 7) 194,943 142,970
Prepaid expenses 68,771 65,786
Derivative instruments (note 23) 11,090 5,584
Other assets (note 11) 12,760 15,800
Assets held for sale (note 24) 166,513 187,308
Assets, current, total 1,135,090 1,066,345
Property, plant and equipment, net (note 5) 9,450,095 9,126,773
Intangible assets, net (note 6) 69,136 72,464
Goodwill (note 6) 1,312,224 1,324,062
Regulatory assets (note 7) 1,126,116 1,184,713
Long-term investments (note 8)    
Investments carried at fair value 2,058 1,054,665
Other long-term investments 65,699 140,097
Derivative instruments (note 23) 97,376 69,206
Deferred income taxes (note 17) 11,218 151,576
Other assets (note 11) 163,622 184,403
Assets held for sale (note 24) 3,529,123 3,999,657
Assets 16,961,757 18,373,961
Current liabilities:    
Accounts payable 164,154 180,407
Accrued liabilities 503,250 480,694
Dividends payable (note 15) 49,708 74,995
Regulatory liabilities (note 7) 76,744 99,850
Long-term debt (note 9) 491,733 621,856
Other long-term liabilities (note 12) 36,265 79,315
Derivative instruments (note 23) 1,889 20,709
Other liabilities 20,706 7,894
Liabilities associated with assets held for sale (note 24) 152,961 119,460
Liabilities, current, total 1,497,410 1,685,180
Long-term debt (note 9) 6,207,040 6,878,299
Regulatory liabilities (note 7) 559,638 634,446
Deferred income taxes (note 17) 577,173 566,264
Derivative instruments (note 23) 17,534 5,971
Pension and other post-employment benefits obligation (note 10) 73,557 96,496
Other long-term liabilities (note 12) 273,798 310,219
Liabilities associated with assets held for sale (note 24) 1,574,334 1,254,315
Liabilities, noncurrent, total 9,283,074 9,746,010
Redeemable non-controlling interests    
Redeemable non-controlling interest, held by related party (note 16) 0 308,350
Redeemable non-controlling interests (notes 16, 24(a)) 5,000 10,013
Redeemable non-controlling interests, total 5,000 318,363
Equity:    
Preferred shares 184,299 184,299
Common shares (note 13(a)) 7,391,304 6,229,994
Additional paid-in capital (19,217) 7,254
Deficit (2,929,855) (1,279,696)
Accumulated other comprehensive loss (“AOCI”) (note 14) 81,398 (102,286)
Total equity attributable to shareholders of Algonquin Power & Utilities Corp. 4,707,929 5,039,565
Non-controlling interests (notes 16, 24(a))    
Non-controlling interests - tax equity partnership units 1,099,334 1,196,720
Other non-controlling interests 369,010 347,338
Non-controlling interest, held by related party 0 40,785
Non-controlling interests, total 1,468,344 1,584,843
Total equity 6,176,273 6,624,408
Commitments and contingencies (note 21)
Subsequent events (notes 1(c), 7, 24)
Liabilities and equity, total $ 16,961,757 $ 18,373,961