OAKVILLE, ON, Feb. 21 /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 April 15, 2008 to the unitholders of record on February 29, 2008 for the period from February 01, 2008 to February 29, 2008.
The Fund has 73,692,161 units issued and outstanding which together with 2,424,437 units of Algonquin (AirSource) Power LP outstanding, results in an aggregate of 76,070,049 equivalent trust units issued and outstanding based on the exchange provisions applicable with respect to units of Algonquin (AirSource) Power LP.
About Algonquin Power
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 42 renewable energy facilities, 12 thermal energy 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.
