About
Founded in 1987, Fortis Inc. is a public headquartered in St. Johns, Canada with approximately 5000+ employees specializing in Hydro, Energy Storage.
Fortis Inc. is a diversified regulated utility company operating 16 jurisdictions with 100% regulated assets totaling 55.5 billion. The company operates electric generation, transmission and distribution, and natural gas distribution services. Fortis is committed to delivering a cleaner energy future through increased renewable generation capacity and investments in a greener, more resilient energy grid. Notable projects include the 1.9 billion CAD Wataynikaneyap Power transmission system partnership with 24 First Nations in Northwestern Ontario, and ownership of ITC Holdings, the largest independent transmission utility in the United States. The company has increased dividends for 52 consecutive years and operates with a decentralized business model emphasizing local decision-making and community engagement.
Headquarters
St. Johns, Canada
Founded
1987
Employees
5000+
Company Type
Public
Annual Revenue
>$1B
Business Models
Value Chain
Service Regions
Canada, United States, Caribbean