Company Description
Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries.
It generates, transmits, and distributes electricity to approximately 452,000 retail customers in southeastern Arizona, including the greater Tucson metropolitan area; and 105,000 retail customers in southeastern Arizona with an aggregate capacity of 3,442 megawatts (MW).
The company also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 43 MW; and distributes natural gas to approximately 1,0,000 residential, commercial, and industrial customers in British Columbia, Canada.
In addition, it owns and operates the electricity distribution system that serves approximately 592,000 customers in southern and central Alberta; owns four hydroelectric generating facilities with a combined capacity of 225 MW; and provides operation, maintenance, and management services to hydroelectric generating facilities.
Further, the company distributes electricity in the island portion of Newfoundland and Labrador with an installed generating capacity of 145 MW; and on Prince Edward Island with a generating capacity of 90 MW.
Additionally, it provides integrated electric utility service to approximately 70,000 customers in Ontario; approximately 277,000 customers in Newfoundland and Labrador; approximately 35,000 customers on Grand Cayman, Cayman Islands; and approximately 18,000 customers on certain islands in Turks and Caicos.
It also owns and operates approximately 91,100 circuit Kilometers (km) of distribution lines; and approximately 51,700 km of natural gas pipelines.
Fortis Inc. was founded in 1885 and is headquartered in Saint John's, Canada.
| Country | Canada |
| Founded | 1885 |
| Industry | Utilities - Regulated Electric |
| Sector | Utilities |
| Employees | 9,200 |
| CEO | David Hutchens |
Contact Details
Address: Fortis Place, Suite 1100 Saint John's, NF A1E 0E4 Canada | |
| Phone | 709-737-2800 |
| Website | fortisinc.com |
Stock Details
| Ticker Symbol | FTS |
| Exchange | NYSE |
| Fiscal Year | January - December |
| Reporting Currency | CAD |
| CIK Code | 0001666175 |
| CUSIP Number | 349553107 |
| ISIN Number | CA3495531079 |
| Employer ID | 98-0352146 |
| SIC Code | 4911 |
Key Executives
| Name | Position |
|---|---|
| David Gerard Hutchens | President, Chief Executive Officer and Director |
| Gary J. Smith | Executive Vice President of Operations and Technology |
| James R. Reid | Executive Vice President of Sustainability and Chief Legal Officer |
| Stuart R. Lochray | Executive Vice President of Strategy and Business Development |
| Keri L. Glitch | Chief Information Officer and Vice President |
| Stephanie A. Amaimo | Vice President of Investor Relations |
| Karen M. McCarthy BPR, M.Ed | Vice President of Communications and Government Relations |
| Tanya Nicole Finlay | Vice President of People and Culture |
| Regan P. O'Dea | Vice President and General Counsel |
| Susan M. Gray | Executive Vice President of Western Utility Operations |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Feb 21, 2025 | 6-K | Report of foreign issuer |
| Feb 14, 2025 | SCHEDULE 13G | Filing |
| Feb 14, 2025 | 6-K | Report of foreign issuer |
| Feb 14, 2025 | 40-F | Filing |
| Feb 14, 2025 | 6-K | Report of foreign issuer |
| Feb 14, 2025 | 6-K | Report of foreign issuer |
| Feb 14, 2025 | 6-K | Report of foreign issuer |
| Feb 7, 2025 | 6-K | Report of foreign issuer |
| Jan 17, 2025 | 6-K | Report of foreign issuer |
| Dec 30, 2024 | S-8 POS | Securities to be offered to employees in employee benefit plans, post-effective amendments |