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50.060001 EUR
0.9
1.77%
Last update Dec 30, 2:00 PM CET
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Day range
49.90000
50.86000
Previous close
50.96000
Open
50.68000
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Fortis Inc.
50.06
0.90
1.77%

Overview

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Description

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.

About

CEO
Mr. David Gerard Hutchens
Employees
9800
Address
Fortis Place
Suite 1100 5 Springdale Street PO Box 8837
Saint John's, A1E 0E4, NF
Canada
Phone
709-737-2800
Website
Instrument type
Common stock
Sector
Utilities
Industry
Utilities - Regulated Electric
Country
Germany
MIC code
XBER
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