Fortis (FTS:TSX) Annual Reports & Investor Relations Material

Overview

Fortis Inc., a prominent electric and gas utility company operating in Canada, the United States, and various Caribbean countries, boasts an impressive portfolio of retail and wholesale customers. The company generates, transmits, and distributes electricity to over 443,000 retail customers in southeastern Arizona and 102,000 retail customers in Mohave and Santa Cruz counties. Fortis Inc. has a considerable aggregate capacity of 3,328 MW, which includes 68 MW of solar capacity and 250 MV of wind capacity. In addition to its electricity generation, Fortis Inc. sells wholesale electricity to other entities in the western United States and owns gas-fired and hydroelectric generating capacity totaling 65 MW. The company also distributes natural gas to approximately 1,076,000 residential, commercial, and industrial customers in British Columbia, Canada. Furthermore, Fortis Inc. operates the electricity distribution system for approximately 584,000 customers in southern and central Alberta, as well as providing operation, maintenance, and management services to five hydroelectric generating facilities. The company also distributes electricity in the island portion of Newfoundland and Labrador with an installed generating capacity of 143 MW and on Prince Edward Island with a generating capacity of 90 MW. Fortis Inc. provides integrated electric utility service to approximately 68,000 customers in Ontario, about 274,000 customers in Newfoundland and Labrador, roughly 33,000 customers on Grand Cayman, Cayman Islands, and approximately 17,000 customers on certain islands in Turks and Caicos. It also holds long-term contracted generation assets in Belize, consisting of three hydroelectric generating facilities with a combined capacity of 51 MW and the Aitken Creek natural gas storage facility. Fortis Inc. owns and operates approximately 90,200 circuit Kilometers (km) of distribution lines and approximately 51,200 km of natural gas pipelines. The company's illustrious history dates back to 1885, and it is headquartered in St. John's, Canada.

Frequently Asked Questions

What is Fortis's ticker?

Fortis's ticker is FTS

What exchange is Fortis traded on?

The company's shares trade on the TSX stock exchange

Where are Fortis's headquarters?

They are based in St. John's, Newfoundland and Labrador

How many employees does Fortis have?

There are 5001-10,000 employees working at Fortis

What is Fortis's website?

It is fortisinc.com/about-us

What type of sector is Fortis?

Fortis is in the Utilities sector