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Fortis News

News on Fortis continually updated from thousands of sources around the net.

12 hrs ago | Journal of Commerce

Similkameen River hydro project plans halted

Fortis Generation Similkameen LP, which is indirectly wholly owned by Fortis Inc., announced it will not move forward with the proposed Similkameen River water management and hydroelectric project, citing the results of project feasibility studies. "We believe that building a water storage hydroelectric facility on the Similkameen River would create many benefits for the area," said project manager Joseph Sukhnandan in a release by Fortis.

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Related Topix: Energy

Sat Sep 13, 2014

PR-inside.com

"Fortis, Inc. - Mergers & Acquisitions (M&A), Partnerships &...

Project Description: MarketLines' Fortis, Inc. Mergers & Acquisitions , Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions , divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Fortis, Inc. since January 2007. Full Report Details at - www.fastmr.com/prod/855920_fortis_inc_mergers_acquisitions_ma_pa ..

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Related Topix: Energy

Wed Sep 10, 2014

Hispanic Business

Fortis Inc. Announces Increase in Bought Deal Financing to $600,000,000

" or the "Corporation") is pleased to announce that due to strong investor demand it has agreed to increase the aggregate size of its previously announced bought deal offering of Cumulative Redeemable Fixed Rate Reset First Preference Shares, Series M from who have agreed to purchase 24,000,000 Series M First Preference Shares at a price of . There will be no over-allotment option on the Offering.

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Related Topix: Apparel, Retail, Footstar, Energy

Thu Sep 04, 2014

Canada NewsWire

Fortis Generation Similkameen LP provides update on Similkameen River ...

"We believe that building a water storage hydroelectric facility on the Similkameen River would create many benefits for the area," said project manager . "However, based on the results of our latest engineering and economic studies, we determined the project is not financially viable at this time."

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Related Topix: Energy

Fri Aug 22, 2014

Telegram

Still space at Fortis Place

The 12-storey office building on Springdale Street in downtown St. John's is nearing the point where its 146,425 square feet will be filled with workers on day-to-day business.

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Related Topix: Energy, Canada,

Thu Aug 21, 2014

ElectricNet

Fortis Acquires UNS Energy, Enhancing Support For Arizona Utilities

Fortis Inc. completed its acquisition of UNS Energy Corporation today, adding UNS Energy subsidiaries Tucson Electric Power and UniSource Energy Services to its growing international family of electric and gas utility companies.

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Related Topix: Energy, Source Energy, Oil & Gas, Tucson, AZ, University of Arizona, Gila Bend, AZ

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