Fortis Inc. (FTS)

Profile

https://www.fortisinc.com

Fortis Inc. is a holding company operating in the electric and gas utility industry across Canada, the United States, and the Caribbean. It manages regulated utilities through subsidiaries such as ITC Holdings, UNS Energy Corporation, Central Hudson, FortisBC Energy, Fortis Alberta, FortisBC Electric, and other electric operations, generating, transmitting, and distributing electricity and gas to over 3.4 million customers. These include retail customers in areas like southeastern Arizona and the greater Tucson metropolitan area, as well as wholesale electricity sales in the western United States. Fortis Inc. also maintains a non-regulated segment focused on energy infrastructure, corporate operations, and related activities, including stakes in electricity generation and Caribbean utilities. With subsidiaries like ITC operating extensive high-voltage transmission lines across multiple US states, the company plays a vital role in reliable energy delivery. Founded in 1885 and headquartered in St. John's, Canada, Fortis Inc. serves essential needs in the utilities sector, emphasizing regulated transmission and distribution services.