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  5. > Fortis Inc. (FTS) - Alternative Energy - Deals and Alliances Profile

Summary

Fortis Inc. (Fortis) is a utility service provider. It provides electrical power distribution services and related services to residential, business and commercial customers. Fortis has non-regulated hydroelectric generation properties in Canada, Belize and Upstate New York. The company specializes in electric and gas utility business. It also invests in hotels and commercial real estate in Canada. The company offers its services to customers across Canada and in the US. Fortis is headquartered in St. John's, Newfoundland and Labrador, Canada.

Fortis Inc. (FTS) - Alternative Energy - Deals and Alliances Profile provides you comprehensive data and trend analysis of the company's Mergers and Acquisitions (M&As), partnerships and financings. The report provides detailed information on Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnership transactions recorded by the company over a five year period. The report offers detailed comparative data on the number of deals and their value categorized into deal types, sub-sector and regions.

GlobalData derived the data presented in this report from proprietary in-house Alternative Energy eTrack deals database, and primary and secondary research.

Scope

- Financial Deals - Analysis of the company's financial deals including Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnerships.
- Deals by Year - Chart and table displaying information encompassing the number of deals and value reported by the company by year, for a five year period.
- Deals by Type - Chart and table depicting information including the number of deals and value reported by the company by type such as Mergers and Acquisitions, Equity/Debt Offering etc.
- Deals by Region - Chart and table presenting information on the number of deals and value reported by the company by region, which includes North America, Europe, Asia Pacific, the Middle East and Africa and South and Central America.
- Deals by Sub-sector - Chart and table showing information on the number of deals and value reported by the company, by sub-sector.
- Major Deals - Information on the company's major financial deals. Each such deal has a brief summary, deal type, deal rationale; and deal financials and target Company’s (major public companies) key financial metrics and ratios.
- Business Description - A brief description of the company's operations.
- Key Employees - A list of the key executives of the company.
- Important Locations and Subsidiaries - A list and contact details of key centers of operation and subsidiaries of the company.
- Key Competitors - A list of the key competitors of the company.
- Key Recent Developments - A brief on recent news about the company.

Reasons to Buy

Get detailed information on the company's financial deals that enable you to understand the company's expansion/divestiture and fund requirements
- The profile enables you to analyze the company's financial deals by region, by year, by business segments and by type, for a five year period.

Understand the company's business segments' expansion / divestiture strategy
- The profile presents deals from the company's core business segments' perspective to help you understand its corporate strategy.

Access elaborate information on the company's recent financial deals that enable you to understand the key deals which have shaped the company
- Detailed information on major recent deals includes a summary of each deal, deal type, deal rationale, deal financials and Target Company's key financial metrics and ratios.

Equip yourself with detailed information about the company’s operations to identify potential customers and suppliers.
- The profile analyzes the company's business structure, locations and subsidiaries, key executives and key competitors.

Stay up-to-date on the major developments affecting the company
- Recent developments concerning the company presented in the profile help you track important events.

Gain key insights into the company for academic or business research
- Key elements such as break up of deals into categories and information on detailed major deals are incorporated into the profile to assist your academic or business research needs.

Note*: Some sections may be missing if data is unavailable for the company.

Table Of Contents

Fortis Inc. (FTS) - Alternative Energy - Deals and Alliances Profile
Table of Contents
Table of Contents 2
List of Tables 4
List of Figures 6
Fortis Inc., Alternative Energy, Deals By Year, 2009 to YTD 2015 7
Fortis Inc., Alternative Energy Deals By Type, 2009 to YTD 2015 8
Fortis Inc., Alternative Energy, Deals By Region, 2009 to YTD 2015 9
Fortis Inc., Alternative Energy, Deals By Sector, 2009 to YTD 2015 10
Fortis Inc., Alternative Energy, Deals Summary, 2009 to YTD 2015 11
Fortis Inc., Alternative Energy, Deal Details 13
Equity Offering 13
Fortis Raises USD550.3 Million in Public Offering of Shares 13
Fortis Completes Public Offering Of Preference Shares For US$236.5 Million 14
Fortis Completes Public Offering Of Preference Shares For US$200 Million 16
Fortis Completes Public Offering Of Subscription Receipts For US$588 Million 17
Fortis Completes Bought Deal Public Offering Of Common Shares For US$349.3 Million 19
Fortis Completes Public Offering Of US$242.63 Million 21
Debt Offering 23
Fortis Raises USD287 million in Second Tranche of Private Placement of Notes 23
Tucson Electric Power Completes Public Offering Of 5% Notes Due 2044 For US$150 Million 24
Fortis Completes Private Placement Of 4% Debentures Due 2024 For US$193.8 Million 26
Fortis Completes Public Offering Of 4% Debentures Due 2024 For US$1.5 Billion 28
Newfoundland Power Completes Private Placement Of 4.805% Bond Due 2043 For US$67.1 Million 30
Fortis Completes Private Placement Of 5.08% Notes Due 2043 For US$40 Million 31
Fortis Completes Private Placement Of 3.84% Notes Due 2023 For US$285 Million 32
Tucson Electric Completes Public Offering Of 3.85% Notes Due 2023 For US$150 Million 33
FortisAlberta Completes Public Offering Of 4.54% Bonds Due 2041 For US$122.5 Million 35
Central Hudson Gas and Electric Completes Public Offering Of 3.378% Notes Due 2022 For US$23.4 Million 36
Central Hudson Gas and Electric Completes Public Offering Of 4.707% Notes Due 2042 For US$10 Million 37
Fortis Completes Private Placement Of 3.53% Senior Unsecured Notes Due 2020 For US$125 Million 38
Fortis Completes Private Placement Of 5.26% Senior Unsecured Notes Due 2040 For US$75 Million 39
Central Hudson Gas and Electric Completes Public Offering Of 2.756% Notes Due 2016 For US$8 Million 40
Central Hudson Gas and Electric Completes Public Offering Of 4.15% Notes Due 2021 For US$44.15 Million 41
Central Hudson Gas and Electric Completes Public Offering Of 5.716% Notes Due 2041 For US$30 Million 42
FortisBC Completes Offering Of 5% Bonds Due 2050 For US$98 Million 43
FortisAlberta Completes Offering Of US$121 Million 44
FortisAlberta Completes Public Offering Of US$117 Million 5.37% Medium Term Notes Due 2039 45
Central Hudson Gas and Electric Completes Public Offering Of 5.8% Series F Medium-Term Notes Due 2039 For US$24 Million 46
Fortis Issues 6.51% Senior Unsecured Debenture For US$175 Million 47
FortisBC Completes Public Offering Of 6.1% Senior Unsecured Medium Term Note Debentures For US$89 Million 48
Newfoundland Power Completes 6.6% Bond Offering For US$55 Million 49
FortisAlberta Completes 7.06% Senior Unsecured Medium Term Notes Offering For US$100 Million 50
Asset Finance 51
DEGS Wind Acquires Shirley Wind Power Project In Wisconsin, US From Central Hudson Enterprises 51
ReEnergy Holdings To Acquire 100% Equity Stake In Lyonsdale Biomass Power Project From Central Hudson Enterprises 53
TEP Solar Completes Project Financing Of US$53 Million For The Acquisition Of Ragusa I Solar PV Project From Solarinvest 54
Fortis, Columbia Power And Columbia Basin Trust Announce Project Financing For Expansion Of Waneta Hydro Power Project In British Columbia, Canada 56
Iberdrola Acquires El Andevalo Wind Farm For US$440 Million From Gamesa 57
CH Shirley Wind To Invest US$50 Million In Shirley Wind Farm 59
Tucson Electric Receives US$25 Million Grant For Bright Tucson Solar Power Plant In U.S. 60
Acquisition 61
Fortis Completes Acquisition of UNS Energy for USD4.5 Billion 61
Fortis Completes Acquisition Of CH Energy Group For US$991 Million 63
FortisOntario Acquires Port Colborne Hydro For US$6.9 Million 65
FortisOntario Acquires Great Lakes Power Distribution From Brookfield Renewable 66
FortisOntario Acquires 10% Stake In Grimsby Power 68
Fortis Inc. - Key Competitors 69
Key Employees 70
Locations And Subsidiaries 71
Head Office 71
Other Locations and Subsidiaries 71
Recent Developments 73
Operations Updates 73
Feb 11, 2015: TEP Solar Array at Fort Huachuca Helps U.S. Army Achieve Energy Goals 73
Sep 04, 2014: Fortis Generation Similkameen LP provides update on Similkameen River water storage and hydroelectric generating facility 74
Financial Announcements 75
Dec 17, 2014: Fortis Announces First Quarter Dividends 2015 75
Nov 07, 2014: Fortis Inc. Released Third Quarter Results 76
Oct 17, 2014: Fortis Inc. to Hold Teleconference on November 7 to Discuss Third Quarter 2014 Results 78
Sep 23, 2014: Fortis Inc. Announces Series M First Preference Share Fourth Quarter Dividend-2014 79
Aug 14, 2014: Fortis Inc. Announces Fourth Quarter Dividends-2014 80
Aug 14, 2014: Fortis Announces Fourth Quarter Dividends-2014 81
Aug 01, 2014: Fortis Earns $47 Million in the Second Quarter 82
May 13, 2014: Fortis Announces Third Quarter Dividends-2014 85
May 08, 2014: Fortis Earns $143 Million in First Quarter 86
Mar 13, 2014: Fortis. Announces Second Quarter Dividends-2014 88
Feb 06, 2014: Fortis Delivers Annual Earnings of $353 Million in 2013 89
Other Significant Developments 91
Jun 24, 2014: Fortis Announces Executive Appointments 91
May 12, 2014: Fortis President and CEO Stan Marshall to Retire; Board Appoints Fortis VP, Finance and CFO Barry Perry Successor 93
Appendix 94
Methodology 94
About GlobalData 94
Contact Us 94
Disclaimer 94

List of Tables

Fortis Inc., Alternative Energy, Key Facts, 2013 1
Fortis Inc., Alternative Energy, Deals Summary, 2009 to YTD 2015 1
Fortis Inc., Alternative Energy, Deals By Year, 2009 to YTD 2015 7
Fortis Inc., Alternative Energy Deals By Type, 2009 to YTD 2015 8
Fortis Inc., Alternative Energy, Deals By Region, 2009 to YTD 2015 9
Fortis Inc., Deals By Sector, 2009 to YTD 2015 10
Fortis Inc., Alternative Energy, Deals Summary, 2009 to YTD 2015 11
Fortis Raises USD550.3 Million in Public Offering of Shares 13
Fortis Completes Public Offering Of Preference Shares For US$236.5 Million 14
Fortis Completes Public Offering Of Preference Shares For US$200 Million 16
Fortis Completes Public Offering Of Subscription Receipts For US$588 Million 17
Fortis Completes Bought Deal Public Offering Of Common Shares For US$349.3 Million 19
Fortis Completes Public Offering Of US$242.63 Million 21
Fortis Raises USD287 million in Second Tranche of Private Placement of Notes 23
Tucson Electric Power Completes Public Offering Of 5% Notes Due 2044 For US$150 Million 24
Fortis Completes Private Placement Of 4% Debentures Due 2024 For US$193.8 Million 26
Fortis Completes Public Offering Of 4% Debentures Due 2024 For US$1.5 Billion 28
Newfoundland Power Completes Private Placement Of 4.805% Bond Due 2043 For US$67.1 Million 30
Fortis Completes Private Placement Of 5.08% Notes Due 2043 For US$40 Million 31
Fortis Completes Private Placement Of 3.84% Notes Due 2023 For US$285 Million 32
Tucson Electric Completes Public Offering Of 3.85% Notes Due 2023 For US$150 Million 33
FortisAlberta Completes Public Offering Of 4.54% Bonds Due 2041 For US$122.5 Million 35
Central Hudson Gas and Electric Completes Public Offering Of 3.378% Notes Due 2022 For US$23.4 Million 36
Central Hudson Gas and Electric Completes Public Offering Of 4.707% Notes Due 2042 For US$10 Million 37
Fortis Completes Private Placement Of 3.53% Senior Unsecured Notes Due 2020 For US$125 Million 38
Fortis Completes Private Placement Of 5.26% Senior Unsecured Notes Due 2040 For US$75 Million 39
Central Hudson Gas and Electric Completes Public Offering Of 2.756% Notes Due 2016 For US$8 Million 40
Central Hudson Gas and Electric Completes Public Offering Of 4.15% Notes Due 2021 For US$44.15 Million 41
Central Hudson Gas and Electric Completes Public Offering Of 5.716% Notes Due 2041 For US$30 Million 42
FortisBC Completes Offering Of 5% Bonds Due 2050 For US$98 Million 43
FortisAlberta Completes Offering Of US$121 Million 44
FortisAlberta Completes Public Offering Of US$117 Million 5.37% Medium Term Notes Due 2039 45
Central Hudson Gas and Electric Completes Public Offering Of 5.8% Series F Medium-Term Notes Due 2039 For US$24 Million 46
Fortis Issues 6.51% Senior Unsecured Debenture For US$175 Million 47
FortisBC Completes Public Offering Of 6.1% Senior Unsecured Medium Term Note Debentures For US$89 Million 48
Newfoundland Power Completes 6.6% Bond Offering For US$55 Million 49
FortisAlberta Completes 7.06% Senior Unsecured Medium Term Notes Offering For US$100 Million 50
DEGS Wind Acquires Shirley Wind Power Project In Wisconsin, US From Central Hudson Enterprises 51
ReEnergy Holdings To Acquire 100% Equity Stake In Lyonsdale Biomass Power Project From Central Hudson Enterprises 53
TEP Solar Completes Project Financing Of US$53 Million For The Acquisition Of Ragusa I Solar PV Project From Solarinvest 54
Fortis, Columbia Power And Columbia Basin Trust Announce Project Financing For Expansion Of Waneta Hydro Power Project In British Columbia, Canada 56
Iberdrola Acquires El Andevalo Wind Farm For US$440 Million From Gamesa 57
CH Shirley Wind To Invest US$50 Million In Shirley Wind Farm 59
Tucson Electric Receives US$25 Million Grant For Bright Tucson Solar Power Plant In U.S. 60
Fortis Completes Acquisition of UNS Energy for USD4.5 Billion 61
Fortis Completes Acquisition Of CH Energy Group For US$991 Million 63
FortisOntario Acquires Port Colborne Hydro For US$6.9 Million 65
FortisOntario Acquires Great Lakes Power Distribution From Brookfield Renewable 66
FortisOntario Acquires 10% Stake In Grimsby Power 68
Fortis Inc., Key Competitors 69
Fortis Inc., Key Employees 70
Fortis Inc., Subsidiaries 71

List of Figures

Fortis Inc., Alternative Energy, Deals by Type, 2009 to YTD 2015 1
Fortis Inc., Alternative Energy, Deals By Year, 2009 to YTD 2015 1
Fortis Inc., Alternative Energy, Deals By Region, 2009 to YTD 2015 1
Fortis Inc., Alternative Energy, Deals By Sector, 2009 to YTD 2015 1
Fortis Inc., Alternative Energy, Deals By Year, 2009 to YTD 2015 7
Fortis Inc., Alternative Energy, Deals by Type, 2009 to YTD 2015 8
Fortis Inc., Alternative Energy, Deals By Region, 2009 to YTD 2015 9
Fortis Inc., Alternative Energy, Deals by Sector, 2009 to YTD 2015 10

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