OAKVILLE, ON, May 18 /PRNewswire-FirstCall/ -- Algonquin Power Income Fund (the "Fund") of Oakville, Ontario announced today that its Trustees have declared a cash distribution on its trust units. The distribution is $0.0766 per trust unit ($5,338,519.73) payable on July 17, 2006 to the unitholders of record on May 31, 2006 for the period from May 1, 2006 to May 31, 2006.
The Fund currently has 69,693,469 units issued and outstanding.
About Algonquin Power Income Fund
Algonquin Power Income Fund is an open-ended investment trust that owns and has interests in a diverse portfolio of power generating and infrastructure assets across North America, including 48 hydroelectric facilities, five natural gas-fired cogeneration facilities, 17 alternative fuels facilities and 15 water reclamation and distribution facilities. Algonquin Power Income Fund was established in 1997 to provide unitholders with sustainable, highly stable and growing cash flows through a diversified portfolio of energy and infrastructure assets. Algonquin Power Income Fund's units and convertible debentures are traded on the Toronto Stock Exchange under the symbols APF.UN & APF.DB, and units are included in the S&P/TSX Composite Index. More information about Algonquin Power Income Fund can be found at http://www.algonquinpower.com/.
