(FTS) Fortis - Ratings and Ratios

Fortis Inc. (NYSE:FTS) is a leading North American utility company, primarily engaged in the generation, transmission, and distribution of electricity and natural gas. The company serves over 3.4 million customers across Canada, the United States, and the Caribbean. Its operations span multiple regions, including southeastern Arizona, southern and central Alberta, British Columbia, Ontario, Newfoundland and Labrador, Prince Edward Island, and the Cayman Islands. Fortis owns and operates a diverse portfolio of generation assets, including hydroelectric, gas-fired, and other facilities, with a total capacity exceeding 3,442 MW. The company also maintains an extensive network of distribution lines and natural gas pipelines, totaling approximately 91,100 circuit kilometers and 51,700 kilometers, respectively. Fortis Inc. was founded in 1885 and is headquartered in St. Johns, Newfoundland and Labrador.

The companys utility operations are complemented by its ownership of hydroelectric generating facilities and its provision of operation, maintenance, and management services. Fortis Inc. is committed to delivering reliable and sustainable energy solutions, with a focus on safety, customer service, and environmental stewardship. Its regulated utility business model provides a foundation for stable cash flows and long-term growth. The company is also actively involved in renewable energy projects and grid modernization initiatives to meet the evolving needs of its customers and support the transition to a lower-carbon future.