Dec 4 (Reuters) - Algonquin Power & Utilities Corp AQN.TO :
* ALGONQUIN POWER & UTILITIES CORP. ANNOUNCES AGREEMENT TO ACQUIRE ENBRIDGE GAS NEW BRUNSWICK
* ALGONQUIN POWER & UTILITIES CORP - PURCHASE PRICE OF C$331 MILLION, EXPECTED TO BE IMMEDIATELY ACCRETIVE TO APUC'S EARNINGS PER SHARE
* ALGONQUIN POWER & UTILITIES CORP - TRANSACTION IS NOT EXPECTED TO AFFECT NEW BRUNSWICK GAS CUSTOMERS OR RATES PAID FOR SERVICE
* ALGONQUIN POWER & UTILITIES CORP - APUC INTENDS TO MAINTAIN LOCAL EMPLOYMENT AND EXISTING LOCAL OPERATING AND MANAGEMENT STRUCTURE.
* ALGONQUIN POWER & UTILITIES CORP - FINANCING EXPECTED TO BE CONSISTENT WITH APUC'S INVESTMENT GRADE CAPITAL STRUCTURE
* ALGONQUIN POWER & UTILITIES - UNIT LIBERTY UTILITIES (CANADA) LP ENTERED DEAL TO PURCHASE UNIT OF ENBRIDGE INC. ALONG WITH ITS GENERAL PARTNER