OAKVILLE, ON, Oct. 22 /PRNewswire-FirstCall/ -- Algonquin Power Income Fund (the "Fund") (TSX:APF.UN) 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 payable on December 17, 2007 to the unitholders of record on October 31, 2007 for the period from October 01, 2007 to October 31, 2007.
The Fund has 73,584,927 units issued and outstanding which together with 2,533,787 units of Algonquin (AirSource) Power LP outstanding, results in an aggregate of 76,070,065 equivalent trust units issued and outstanding based on the exchange provisions applicable with respect to units of Algonquin (AirSource) Power LP.
About Algonquin Power Income Fund
Algonquin Power is an open-ended investment trust that owns and has interests in a diverse portfolio of renewable power generation and sustainable infrastructure assets across North America, including 47 hydroelectric facilities, five natural gas-fired cogeneration facilities, one wind energy facility, 13 alternative fuels facilities and 17 water distribution and waste-water facilities. Algonquin Power was established in 1997 to provide investors with sustainable, highly stable cash flows through a diversified portfolio of renewable energy assets. Algonquin Power's units and convertible debentures are traded on the Toronto Stock Exchange under the symbols APF.UN, APF.DB & APF.DB.A and units are included in the S&P/TSX Composite Index.
