Fortis Inc T.FTS

Alternate Symbol(s): FTS | T.FTS.PR.F | FORFF | T.FTS.PR.G | FTRSF | T.FTS.PR.H | FRTSF | T.FTS.PR.J | T.FTS.PR.I | T.FTS.PR.K | T.FTS.PR.M | FTPSF

Utilities Utilities - Diversified

Fortis Inc. is a Canada-based diversified regulated electric and gas utility holding company. Its regulated utility businesses include ITC Investment Holdings Inc., ITC Holdings Corp. and the electric transmission operations of its regulated operating subsidiaries, which include International Transmission Company, Michigan Electric Transmission Company, LLC, ITC Midwest LLC and ITC Great Plains, LLC; UNS Energy Corporation, which includes Tucson Electric Power Company, UNS Electric, Inc. and UNS Gas, Inc., and CH Energy Group, Inc., which includes Central Hudson Gas & Electric Corporation. Its regulated utility businesses also include FortisBC Energy Inc.; FortisAlberta Inc.; FortisBC Inc., and Eastern Canadian and Caribbean utilities: Newfoundland Power Inc.; Maritime Electric Company, Limited; FortisOntario Inc.; FortisTCI Limited and Turks and Caicos Utilities Limited, and Belize Electricity Limited. ITC Holdings Corp. is the independent electricity transmission company.

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Fortis Inc

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Post by Dibah420on May 06, 2024 4:44pm

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Post# 36025746

DBRS

Fortis Ratings Confirmed by DBRS

MT Newswires - May 06, 2024 10:06 AM EDT

10:06 AM EDT, 05/06/2024 (MT Newswires) -- DBRS on Friday confirmed Fortis' (FiTS.TO) issuer rating and unsecured debentures rating at "A (low)" and the company's preferred shares rating at "Pfd-2 (low)."

All trends are stable.

The rating agency said Fortis' credit ratings are based on the company's large, stable, and diversified regulated utility portfolio along with its credit metrics and solid liquidity.

Price: 54.45, Change: -0.14, Percent Change: -0.26

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