Status: Pending Filing
Acquirer: Algonquin Power & Utilities Corp. (Canada)
Acquired: Empire District Electric Company (Missouri, U.S.)
Value: Approx. US$2.4 billion
Industry: Energy, Regulated Utilities
Empire District Electric Co., an energy company based in Missouri, confirmed in a quarterly report that it and Algonquin Power & Utilities Corp filed a joint voluntary notice with the Committee on Foreign Investment in the United States (CFIUS) on June 29, 2016. (See Empire District Form 10-Q, Nov. 7, 2016, SEC Filing.) In June, U.S. based Empire District Electric Company voted to merge with a subsidiary of Algonquin Power & Utilities Corp., a Canadian based power company