Bullboard - Stock Discussion Forum Fortis Inc T.FTS.PR.G

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

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... see more

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Fortis Inc > Sale of Aitken Creek Natural Gas Storage Facilities T.FTS

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Post by Betteryear2 on May 01, 2023 9:30pm

Sale of Aitken Creek Natural Gas Storage Facilities T.FTS

ST. JOHN'S, Newfoundland and Labrador, May 01, 2023 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS), a well-diversified leader in the North American regulated electric and gas utility industry, today announced FortisBC Holdings Inc. ("FHI") has entered into a definitive share purchase and sale agreement with a subsidiary of Enbridge Inc. (TSX/NYSE: ENB) to sell its 93.8% ownership interest in the Aitken Creek Natural Gas Storage Facility in British Columbia and its 100% ownership interest in the Aitken Creek North Gas Storage Facility (collectively "Aitken Creek") for approximately C$400 million, subject to customary closing conditions and adjustments.

Fortis Inc. Announces Sale of Aitken Creek Natural Gas (globenewswire.com)

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