Fortis Inc.
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 2015, it earned CA$6.7 billion.
| Company type | Public |
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Traded as |
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| Industry | Electricity generation & distribution, Natural Gas Distribution |
| Founded | 1987 |
| Founder | Angus Bruneau |
| Headquarters | St. John's, Newfoundland and Labrador, Canada |
Key people | David Hutchens, President & CEO |
| Products | Electricity, Natural Gas |
| Revenue | CA$8.783 billion (2019) |
Number of employees | 5,936 (2008) |
| Website | www |
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.
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