Fortis Inc. is a North American utility holding company incorporated in 1987 and headquartered in St. John’s, Newfoundland and Labrador. The company has grown through a series of strategic acquisitions and organic investments, establishing itself as a leading provider of regulated electric and gas utility services. Over the years, Fortis has expanded its footprint beyond Canada to include operations in the United States and the Caribbean, positioning itself as a diversified, rate-regulated utility with a long-term focus on stable, predictable cash flows.
Fortis operates a portfolio of wholly owned regulated utilities serving residential, commercial and industrial customers. In Canada, its utility subsidiaries include Newfoundland Power and Maritime Electric, which deliver electricity to customers in Newfoundland and Prince Edward Island, respectively. In the United States, Fortis owns regulated electric and gas utilities in states such as Arizona and New York, providing a mix of distribution and transmission services. The company’s Caribbean operations extend to jurisdictions including Belize and the British Virgin Islands, where it supplies electricity under long-term regulatory frameworks.
Through its regulated structure, Fortis engages in the construction, operation and maintenance of critical infrastructure assets, including generation facilities, transmission lines and distribution networks. The company places a strong emphasis on capital investment programs aimed at system modernization, renewable generation integration and improved grid resilience. Fortis also maintains a commitment to environmental stewardship by pursuing energy efficiency initiatives and exploring low-carbon technologies to support customer needs and regional sustainability goals.
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