Fortis Inc. (FTS) Stock

Fortis Inc. operates as a prominent electric and gas utility company across Canada, the United States, and several Caribbean nations. The company's operations encompass the generation, transmission, and distribution of electricity, serving a diverse customer base. In southeastern Arizona, Fortis supplies electricity to approximately 438,000 retail customers, complemented by another 100,000 customers in Mohave and Santa Cruz counties, Arizona. The company's total generating capacity reaches 3,485 megawatts (MW), which includes significant solar and wind energy contributions.

In addition to its electric services, Fortis also distributes natural gas to about 1,065,000 residential, commercial, and industrial customers in British Columbia, Canada. The company owns and manages an extensive electricity distribution network, serving approximately 577,000 customers in southern and central Alberta. Fortis further operates hydroelectric facilities totaling 225 MW and provides operational services for multiple hydroelectric plants.

Fortis extends its service footprint into Newfoundland and Labrador, where it supplies electricity with a capacity of 143 MW, and on Prince Edward Island with an additional 130 MW. The company also delivers integrated electric utility services to customers in Ontario, Newfoundland and Labrador, Grand Cayman, and the Turks and Caicos Islands, catering to approximately 68,000, 272,000, 32,000, and 16,000 customers respectively.

Established in 1885 and headquartered in St. John's, Canada, Fortis Inc. has evolved into a leader in the utility sector, emphasizing reliability, sustainability, and community engagement. With extensive infrastructure including over 90,200 circcuit kilometers of distribution lines and approximately 50,500 kilometers of natural gas pipelines, Fortis remains committed to delivering essential energy services while pursuing strategic growth and innovation initiatives.