Fortis Overview

UtilitiesCompany

Where is Fortis headquartered?

Fortis is headquartered in Saint John's, Newfoundland.

What is Fortis’ revenue?

Fortis disclosed revenue of 11,517M CAD for 2023 and 11,043M CAD for 2022.

How many employees does Fortis have?

Fortis has 9,598 employees.

What sector is Fortis in?

Fortis is an utilities company.

When was Fortis founded?

Fortis was founded in 1885.

Fortis

Fortis, Inc.

Fortis Place Suite 1100 5 Springdale Street PO Box 8837,
Saint John's, Newfoundland A1E 0E4
Canada,
(709) 737-2800
www.fortisinc.com

Fortis is a distribution utility in Canada, serving more than 2 million gas and electricity customers. Its regulated holdings include electric utilities in five Canadian provinces and two Caribbean countries and a natural gas utility in British Columbia. Fortis owns non‑regulated hydroelectric generation assets in Canada, Belize and Upstate New York. Fortis also owns hotels and commercial real estate in Canada. Fortis was formed in 1977 and is based in St. John's, Newfoundland. Fortis was incorporated in 1885 and is based in Saint John's, Canada.


M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (0.0/yr) # 10 - - - - - 10
vol $22.0B $22.0B
Sell (0.0/yr) # - - - - - - 0
  10

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