/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OR TO UNITED STATES PERSONS/ OAKVILLE, ON, Sept. 26, 2014 /CNW/ - Algonquin Power & Utilities Corp. ("APUC") (TSX : AQN ) today announced that the Underwriters (as defined below) of its recent public offering of 16,860,000 common shares ("Common Shares") have fully exercised the over-allotment option and acquired an additional 2,529,000 Common Shares at a price of $8.90 per Common Share. The Common Shares were sold on a bought deal basis pursuant to an underwriting agreement with a syndicate of underwriters co-led by CIBC World Markets Inc. and TD Securities Inc., and including BMO Capital Markets, National Bank Financial Inc., RBC Capital Markets, Scotia Capital Inc., Merrill Lynch Canada Inc., Desjardins Capital Markets, Canaccord Genuity Corp., and Cormark Securities Inc. (collectively, the "Underwriters").