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 Regulated electricity and gas utilities Transmission and distribution

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 Chief Executive Officer

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

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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