UNS Energy Corporation (NYSE: UNS) plans to release its first quarter
2014 financial results on Monday, April 28, 2014, before the market
opens.
Due to the pending merger with Fortis Inc., the company will not host a
conference call or webcast to discuss first quarter 2014 financial
results.
About UNS Energy
UNS Energy is a Tucson, Arizona-based company with consolidated assets
of approximately $4 billion. TEP serves approximately 413,000 customers
in southern Arizona. UES provides natural gas and electric service for
approximately 243,000 customers in northern and southern Arizona. UNS
Energy shares are listed on the New York Stock Exchange and trade under
the symbol UNS. To learn more, visit uns.com.
Forward-Looking Statements
Statements included in this news release and any documents
incorporated by reference which are not historical in nature are
intended to be, and are hereby identified as, “forward-looking
statements” for purposes of the safe harbor provided by Section 21E of
the Exchange Act. Forward-looking statements may be identified by words
including “anticipates,” “intends,” “estimates,” “believes,” “projects,”
“expects,” “plans,” “assumes,” “seeks,” and similar expressions.
Forward-looking statements including, without limitation, those relating
to UNS Energy Corporation’s and its subsidiaries’ future business
prospects, revenues, proceeds, working capital, investment valuations,
liquidity, income, and margins, as well as the timing and consequences
of the Fortis acquisition, are subject to certain risks and
uncertainties that could cause actual results to differ materially from
those indicated in the forward-looking statements, due to several
important factors, including those identified from time-to-time in the
forward-looking statements. Those factors include, but are not limited
to: the possibility that various conditions precedent to the
consummation of the Fortis transaction will not be satisfied or waived;
the ability to obtain regulatory approvals of the Fortis transaction on
the timing and terms thereof; state and federal regulatory and
legislative decisions and actions; regional economic and market
conditions which could affect customer growth and energy usage; weather
variations affecting energy usage; the cost of debt and equity capital
and access to capital markets; the performance of the stock market and
changing interest rate environment, which affect the value of our
pension and other retiree benefit plan assets and the related
contribution requirements and expense; unexpected increases in O&M
expense; resolution of pending litigation matters; changes in accounting
standards; changes in critical accounting estimates; the ongoing
restructuring of the electric industry; changes to long-term contracts;
the cost of fuel and power supplies; cyber-attacks or challenges to our
information security; and the performance of TEP's generating plants;
and certain presently unknown or unforeseen factors, including, but not
limited to, acts of terrorism. UNS Energy Corporation and its
subsidiaries undertake no obligation to update publicly any
forward-looking statements, whether as a result of new information,
future events, or otherwise. Given these uncertainties, undue reliance
should not be placed on the forward-looking statements.
Copyright Business Wire 2014