Fortis Inc.

Abstract Electricity (MIC: 7.1 SIC: 4911 NAIC: 221122) Fortis is principally a diversified international electric utility holding company. Co. segments its utility operations by franchise area and, depending on regulatory requirements, by the nature of the assets. Co. also holds investments in non‐r...

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Bibliographic Details
Published in:Mergent's Dividend Achievers
Format: Article in Journal/Newspaper
Language:English
Published: Wiley 2006
Subjects:
Online Access:http://dx.doi.org/10.1002/div.5387
https://api.wiley.com/onlinelibrary/tdm/v1/articles/10.1002%2Fdiv.5387
https://onlinelibrary.wiley.com/doi/pdf/10.1002/div.5387
Description
Summary:Abstract Electricity (MIC: 7.1 SIC: 4911 NAIC: 221122) Fortis is principally a diversified international electric utility holding company. Co. segments its utility operations by franchise area and, depending on regulatory requirements, by the nature of the assets. Co. also holds investments in non‐regulated generation, commercial real estate and hotels. Co. operates in the following business segments: Regulated Utilities — Canadian; Regulated Utilities — Caribbean; Non‐regulated — Fortis Generation; and Non‐regulated — Fortis Properties. As of Dec 31 2005, Co. served approximately 1.0 million customers in Newfoundland, Prince Edward Island, Ontario, Alberta, British Columbia, Belize and Cayman Islands.