JOPLIN, Mo.--(BUSINESS WIRE)-- Pursuant to the closing today of the merger of The Empire District Electric Company (the “Company”) with Liberty Sub Corp., a subsidiary of Liberty Utilities (Central) Co., and an indirect subsidiary of Algonquin Power & Utilities Corp. (NYSE: AQN, TSX: AQN), the Company has established January 10, 2017 as the payment date for the special pro-rated dividend declared December 22, 2016 by the Company’s Board of Directors. The amount of the dividend is $0.088567 per share, payable to shareholders of record ...
JOPLIN, Mo.--(BUSINESS WIRE)-- (NYSE:EDE) The board of directors of The Empire District Electric Company (the “Company”) today declared a special pro-rated dividend in preparation for the expected closing of the merger of the Company with Liberty Sub Corp. (the “Merger”), pursuant to the Agreement and Plan of Merger among the Company, Liberty Sub Corp. and Liberty Utilities (Central) Co., an indirect subsidiary of Algonquin Power & Utilities Corp. The Kansas Corporation Commission approved the Merger at its meeting on ...
OAKVILLE, Ontario & JOPLIN, Mo.--(BUSINESS WIRE)-- Algonquin Power & Utilities Corp. ("APUC") (TSX: AQN, NYSE: AQN) and The Empire District Electric Company (“Empire”) (NYSE: EDE) announced today that the Kansas Corporation Commission (the “KCC”) has approved the unanimous settlement agreement among Empire, Liberty Sub Corp., and Liberty Utilities (Central) Co. (collectively, the “Joint Applicants”), the KCC Staff and the Citizens’ Utility Ratepayer Board. The KCC order provides, among other things, authorization to consummate the merger ...
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JOPLIN, Mo.--(BUSINESS WIRE)-- At the Board of Directors meeting of The Empire District Electric Company (NYSE:EDE) (the “Company”) held today, the Directors declared a quarterly dividend of $0.26 per share. The dividend is payable December 15, 2016, to holders of record as of December 1, 2016. The Company, an operator of regulated electric, gas and water utilities, announced today the results for the quarter and twelve months ended September 30, 2016. Highlights: Consolidated earnings for the third q...
JOPLIN, Mo.--(BUSINESS WIRE)-- The Empire District Electric Company (NYSE:EDE) announced today a filing with the Kansas Corporation Commission (KCC) of a Unanimous Settlement Agreement with respect to the joint application for approval of an Agreement and Plan of Merger filed on March 16, 2016. The Unanimous Settlement Agreement is subject to approval by the KCC. As a condition of the Unanimous Settlement Agreement that was reached with the staff of the KCC, Empire’s pending rate case is to be withdrawn and current base rates...
JOPLIN, Mo.--(BUSINESS WIRE)-- The Empire District Electric Company (NYSE:EDE) announced today it has filed a request with the Kansas Corporation Commission (KCC) for changes in rates for its Kansas customers. The Company is seeking an annual increase in base rate revenues of approximately $6.4 million, or about 25.7 percent. If approved by the KCC, a residential customer using 1,000 kilowatt hours would see a monthly increase of about $31.85. The Environmental Recovery charge currently collected for Kansas customers will be discontin...
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