Algonquin Power Utilities Corp is an investment holding company which engages in energy generation and water distribution facilities It operates through the Regulated Services Group and Renewable Energy Group segments The Regulated Services Group segment owns and operates a portfolio of electric natural gas water distribution and wastewater collection utility systems and transmission The Renewable Energy Group segment focuses on operating a diversified portfolio of renewable and thermal electric generation assets The company was founded on August 1 1988 and is headquartered in Oakville Canada