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Organization: Fortis Inc
LEI 549300MQYQ9Y065XPR71

Organization name
Fortis Inc
Country name
Canada
Country of registration
Canada
Industry
Power
Bond debt
2,343 mln USD

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Profile

Fortis Inc. is a St. John's, Newfoundland and Labrador based international diversified electric utility holding company. It operates in Canada, the United States, Central America, and the Caribbean. In 2005, it earned a profit of $137.1 million Canadian from revenue of $1.44 billion.(2) Fortis was formed in 1987 when shareholders of the regulated transmission and distribution utility Newfoundland Light & Power Co. voted to form a separate holding company. NL&P shares were exchanged for Fortis shares on a one-to-one basis, with the regulated NL&P becoming a 100% owned subsidiary.

Awards

News

27/03/2024 S&P Global Ratings affirms Fortis Inc at "A-" (Foreign Currency LT credit rating); outlook negative
27/03/2024 S&P Global Ratings affirms Fortis Inc at "A-" (Local Currency LT credit rating); outlook negative
10/11/2023 New issue: Issuer Fortis Inc issued bonds (CA349553AR86) with the coupon rate of 5.677% in the amount of CAD 500 mln maturing in 2033
06/11/2023 S&P Global Ratings revised outlook on Fortis Inc to negative and affirmed at "A-" (Foreign Currency LT) credit rating
06/11/2023 S&P Global Ratings revised outlook on Fortis Inc to negative and affirmed at "A-" (Local Currency LT) credit rating
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Documentation

IFRS/US GAAP reports

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2020
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2019
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2018
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2017
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Codes

  • LEI
    549300MQYQ9Y065XPR71
  • SIC
    4911 ELECTRIC SERVICES
  • CIK
    0001666175
  • EIN
    98-0352146

Credit and ESG Ratings

Macroeconomic Indicators - Fortis Inc

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