Fortis Inc.

About Fortis Inc.

Fortis Inc. is a North American leader in energy delivery, focused on providing regulated electric and gas utility services. The company is committed to delivering a cleaner energy future, with a strong emphasis on sustainability and community engagement, serving 3.5 million customers with a workforce of 9,800 employees and total assets of $75 billion as of March 31, 2025.

Products & Services

Electric and Gas Utility Services:Regulated utility services for electricity and gas distribution and transmission, serving millions of customers across North America and the Caribbean through 10 regulated utilities.

Transmission and Distribution Assets:93% of assets are focused on transmission and distribution, ensuring reliable energy delivery.

Specialties

Regulated Electric and Gas Utilities Transmission and Distribution Cleaner Energy Solutions Climate Action and Sustainability

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Debt T: - FT: Debt	A: 750000000 MR: - FA: $750 million FAN: 750000000	D: 2025-09-04 FD: 2025-09-04	12 investors
2	RT: Debt T: - FT: Debt	A: 750000000 MR: - FA: $750 million FAN: 750000000	D: 2025-09-02 FD: 2025-09-02	12 investors
3	RT: Debt T: - FT: Debt	A: 600000000 MR: - FA: $600 million FAN: 600000000	D: 2025-03-26 FD: 2025-03-26	12 investors
4	RT: Debt T: - FT: Debt	A: 600000000 MR: - FA: $600 million FAN: 600000000	D: 2025-03-24 FD: 2025-03-24	12 investors
5	RT: ATM Equity Program T: - FT: ATM Equity Program	A: 500000000 MR: - FA: C$500,000,000 FAN: 500000000	D: 2024-12-09 FD: 2024-12-09	8 investors
6	RT: Debt T: - FT: Debt	A: 500000000 MR: - FA: $500 million FAN: 500000000	D: 2024-09-09 FD: 2024-09-09	11 investors
7	RT: Debt T: - FT: Debt	A: 500000000 MR: - FA: $500 million FAN: 500000000	D: 2024-09-05 FD: 2024-09-05	11 investors
8	RT: Debt T: - FT: Debt	A: 500000000 MR: - FA: 500,000,000 FAN: 500000000	D: 2023-11-08 FD: 2023-11-08	11 investors
9	RT: Debt T: - FT: Debt	A: 500000000 MR: - FA: $500 million FAN: 500000000	D: 2023-11-06 FD: 2023-11-06	11 investors
10	RT: ATM Equity Program T: - FT: ATM Equity Program	A: 500000000 MR: - FA: C$500,000,000 FAN: 500000000	D: 2023-09-19 FD: 2023-09-19	8 investors

Debt Latest

2025-09-04

$750.0M

12 investors (Pro only)

Debt 2025-09-02

$750.0M

Debt 2025-03-26

$600.0M

View 9 more funding rounds with Pro

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Mock Up

Team & Leadership

D

David Hutchens

President and CEO

J

Jocelyn Perry

Executive Vice President, Chief Financial Officer

J

Jim Reid

Executive Vice President, Sustainability and Chief Legal Officer

G

Gary Smith

Executive Vice President, Operations and Technology

S

Stuart Lochray

Executive Vice President, Strategy and Business Development

S

Stephanie Amaimo

Vice President, Investor Relations

View 36 more team members with Pro

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Recent News

Fortis Inc. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised