Ten utility operations:
One strong company

REGULATED INDEPENDENT TRANSMISSION
  • ITC
REGULATED U.S. ELECTRIC + GAS
  • UNS Energy
  • Central Hudson
REGULATED CANADIAN + CARIBBEAN
  • FortisBC Gas
  • FortisAlberta
  • FortisBC Electric
  • Eastern Canadian(1)
  • Caribbean(2)
OTHER ENERGY INFRASTRUCTURE
  • Hydroelectric Generation(3)
  • Aitken Creek
 

(1) Includes Newfoundland Power, Maritime Electric and FortisOntario.
(2) Includes Fortis Turks and Caicos, an approximate 60% interest in Caribbean Utilities on Grand Cayman, Cayman Islands and a 33% interest in Belize Electricity.
(3) Includes generation from Waneta in British Columbia and BECOL in Belize.

OVERVIEW

Ten utility operations and growing: One strong company

Fortis was formed in 1987 with the mandate to grow and diversify. Since then, we have expanded to include ten independent utility operations throughout North America and the Caribbean.

overview-fortisitc
ITC Holdings Independent electricity transmission ITC is the largest independent electricity transmission company in the United States.  ITC operates in Michigan’s Lower Peninsula and portions of Iowa, Minnesota, Illinois, Missouri, Kansas and Oklahoma. The company also focuses on new areas where significant transmission system improvements are needed through ITC Grid Development and its subsidiaries. Learn more about ITC  660 employees over 500 skilled labor contractors  90,000 square miles of service territory
overview-unsenergy UNS Energy Electricity and natural gas distribution UNS Energy is the Tucson, Arizona-based parent company of Tucson Electric Power (TEP), UNS Electric and UNS Gas. TEP serves more than 515,000 customers in and around Tucson, while UNS Electric serves 94,000 customers and UNS Gas serves 154,000 customers. Learn more about UNS Energy 515,000 electricity customers 154,000 natural gas customers 3,386-MW generating capacity
overview-centralhudson Central Hudson Gas & Electric Gas and electricity transmission and distribution Central Hudson is a regulated transmission and distribution utility, serving approximately 300,000 electricity customers and 79,000 natural gas customers in eight counties of New York State’s Mid-Hudson River Valley. Learn more about Central Hudson 379,000 customers 24 PJ gas volumes in 2015 5,132 GWhelectric sales in 2015
overview-fortisbc FortisBC Electricity, natural gas and alternative energy solutions FortisBC is an integrated energy solutions provider focused on providing natural gas, electricity, propane and alternative energy solutions. Together, their gas and electricity utilities deliver over 21 per cent of total energy consumed in BC and serve more than 1.1 million customers in 135 communities. Learn more about FortisBC 1,164,000 customers 48,700 km gas pipelines 7,200 km power lines
overview-fortisalberta FortisAlberta Electricity distribution in southern and central Alberta FortisAlberta is an electric utility providing electricity distribution in central and southern Alberta. FortisAlberta serves 549,000 customers and delivered 16,788 GWh of electricity in 2016. Learn more about FortisAlberta 549,000 customers 200 communities served 122,000 km distribution lines
overview-newfoundlandpower Newfoundland Power Electricity generation, transmission and distribution Newfoundland Power is a vertically integrated electric utility and the principal distributor of electricity on the island portion of Newfoundland and Labrador, serving approximately 264,000 customers in approximately 600 communities. Newfoundland Power has an installed generating capacity of 139 MW, including 97 MW of hydroelectric generation. Learn more about Newfoundland Power 264,000 customers 139-MW generating capacity 12,000 km power lines
overview-maritimeelectric Maritime Electric Electricity generation, transmission and distribution Maritime Electric is a vertically integrated electric utility and the principal distributor of electricity on Prince Edward Island serving approximately 79,000 customers. Maritime Electric also owns and operates on-Island generating facilities with a combined capacity of 145 MW. Learn more about Maritime Electric 79,000 customers 145-MW generation capacity 5,800 km power lines
overview-fortisontario FortisOntario Regional power transmission and distribution FortisOntario is an electric utility which owns and operates Canadian Niagara Power, Cornwall Electric, and Algoma Power, serving a combined 65,000 customers. FortisOntario also owns regulated transmission assets in the Niagara and Cornwall regions and a 10% interest in three strategic affiliates. Learn more about FortisOntario 65,000 customers 3,500 km power lines 3 minority-owned affiliates
overview-carribeanutilities Caribbean Utilities Sole provider of electricity on Grand Cayman Caribbean Utilities, an approximate 60% Fortis-owned subsidiary, is the sole provider of electricity transmission and distribution on Grand Cayman, Cayman Islands. The Company serves approximately 29,000 customers and has generating capacity of 161 MW. Caribbean Utilities is a public company traded on the Toronto Stock Exchange (TSX:CUP.U). Learn more about Caribbean Utilities 29,000 customers 161-MW generating capacity 582 GWh electricity sales in 2015
overview-fortistci FortisTCI Electricity generation, transmission and distribution Fortis Turks and Caicos is comprised of two vertically integrated electric utilities serving approximately 15,000 customers on certain islands in Turks and Caicos. The utilities have a combined diesel-powered generating capacity of 82 MW. Learn more about FortisTCI 15,000 customers 82-MW generating capacity 600 km power lines
overview-fortisgeneration Fortis Generation Non-regulated energy infrastructure Fortis Generation includes the operations of non-regulated generating assets in Canada and Belize with a combined generating capacity of 386 megawatts (“MW”). Generating assets in British Columbia includes the Corporation’s 51% controlling ownership interest in the 335 MW Waneta Expansion. 335-MW Waneta Expansion in British Columbia 51-MW in Belize Long-term power contracts
overview-belize Fortis Generation Non-regulated energy infrastructure Fortis Generation includes the operations of non-regulated generating assets in Canada and Belize with a combined generating capacity of 386 megawatts (“MW”). Generating assets in British Columbia includes the Corporation’s 51% controlling ownership interest in the 335 MW Waneta Expansion. 335-MW Waneta Expansion in British Columbia 51-MW in Belize Long-term power contracts

OUR HISTORY

A look back at the growth and evolution of Fortis Inc.

  • 1885 1885

    The international company known today as Fortis Inc. has its roots in St. John’s Electric Light Company formed in 1885.

  • 1900 1898

    The Petty Harbour Electric Generating Station was completed in 1900 by St. John’s Street Railway Company. The Petty Harbour hydro plant continues to operate today and is a member of the Hydro Hall of Fame as the first hydro plant in the province now known as Newfoundland and Labrador.

  • 1924 1920

    The electric utility company was renamed The Newfoundland Light and Power Company in 1924.

  • 1948 1948

    Newfoundland Light and Power Company, Limited became a pure electric utility in 1948 and first issued stock to the public in 1949.

  • 1949 1949

    In July 1949, Newfoundland became the tenth province of Canada. Newfoundland Light and Power had 1,600 common shareholders.

  • 1966 1966

    Newfoundland Light & Power Co. Limited was formed through the amalgamation of Newfoundland Light and Power Company, Limited; Union Electric Light and Power Company; and United Towns Electric Company Limited.

  • 1985 1985

    Newfoundland Light & Power Co. Limited celebrated 100 years of service. Common shares split 2-for-1.

  • 1987 1987

    Shareholders of Newfoundland Light & Power Co. Limited voted to create a holding company known as Fortis Inc. to be the 100% owner of the utility. On December 29, 1987, each Newfoundland Light & Power Co. Limited common share was exchanged for one common share of Fortis Inc.

  • 1988 1988

    Dr. Angus A. Bruneau became Chairman, President and Chief Executive Officer of Fortis Inc. He served as Chairman of Fortis Inc. for 18 years. Dr. Bruneau also served as President and Chief Executive Officer of Newfoundland Power from 1986 until 1990. He was appointed an Officer of the Order of Canada in 1983 and was awarded the Canadian Council of Professional Engineers Gold Medal in 1988.

  • 1990 1990

    Maritime Electric, located on Prince Edward Island, was our first electric utility investment in 1990. This was followed by investments in Ontario in 1996.

  • 1996 1996

    Stan Marshall was appointed President and CEO of Fortis Inc. in 1996. His career with Fortis spanned 35 years and, under his leadership, Fortis became the largest investor-owned gas and electric distribution utility in Canada. Total assets grew from less than $1.0 billion in 1996 to $26 billion when Stan retired in December 2014.

  • 1999 1999

    Fortis embarked on international expansion with investments in Belize in 1999 and the Cayman Islands in 2000.

  • 2003 2003

    Fortis announced an agreement to acquire electric utilities in Alberta and British Columbia from Aquila Inc. The subsidiaries were renamed FortisAlberta and FortisBC in 2004.

  • 2005 2005

    Fortis common shares split 4-for-1 after reaching nearly $100 per common share.

  • 2006 2006

    Fortis added to its Caribbean interests with the purchase of two utilities on the Turks and Caicos Islands. The companies were collectively renamed Fortis Turks and Caicos and later FortisTCI.

  • 2007 2007

    Fortis expanded its activities to include gas distribution with the purchase of Terasen in British Columbia in 2007. Terasen was later renamed FortisBC Energy.

  • 2012 2012

    Fortis announced an agreement to acquire the CH Energy Group of companies for US$1.5 billion. CH Energy is the parent company of Central Hudson Gas & Electric Corporation, a gas and electric utility in New York State.

  • 2013 2013

    Fortis announced an agreement to acquire UNS Energy, a gas and electric utility in Arizona for US$4.3 billion.

  • 2014 2014

    At the end of 2014, Stan Marshall retired as President and CEO and Director of the Board of Directors of Fortis Inc. Mr. Marshall’s career with Fortis spanned 35 years and he was at the helm as President and CEO for more than 18 years. Barry Perry, Vice President of Finance and CFO of Fortis Inc., succeeded Mr. Marshall as President and CEO of the Corporation, effective December 31, 2014.

  • 2016 2016

    Fortis announced an agreement to acquire ITC Holdings Corp., the largest independent transmission utility in the United States for US$11.3 billion. ITC owns and operates high-voltage transmission operations in seven states. The transaction closed on October 14.

Fortis is proud to support the communities we serve

“On behalf of all Fortis employees, I am honoured and proud to say that Fortis has made a $3.25 million commitment to the Where Once They Stood, We Stand Capital Campaign to support the commemoration of Newfoundland and Labrador’s contributions to the First World War and the Battle of Beaumont-Hamel.”
– Barry V. Perry, President & CEO 
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Committed to preserving our provincial heritage

Fortis contributes $3.25 million to commemorate Newfoundland and Labrador’s First World War Battle of Beaumont-Hamel. Fortis community initiatives
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