Summary

Fortis Inc. (Fortis) is a distribution utility company. The company has diversified portfolios of activities starting from power generation to real estate and hotel business. It operates in the supply of natural gas and generation and distribution of electricity. Fortis provides gas and electricity to more than 2m gas and electricity. The company’s has a generating capacity of 139 megawatts (“MW”), 134 MW of which is hydroelectric generation. It has a run-of-river Walden hydroelectric generating plant near Lillooet. Fortis’s holdings include electric distribution utilities in two Caribbean countries and five Canadian provinces and a natural gas utility in British Columbia, Canada. The company’s electricity and gas customers include in Canada and in Belize & Upstate New York. It also has four hydroelectric generating stations located in Philadelphia, Moose River, Dolgeville and Diana. 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

Table of Contents
Table of Contents 2


Fortis Inc., Alternative Energy, Deals By Year, 2008 to YTD 2014 7
Fortis Inc., Alternative Energy Deals By Type, 2008 to YTD 2014 8
Fortis Inc., Alternative Energy, Deals By Region, 2008 to YTD 2014 9
Fortis Inc., Alternative Energy, Deals By Sector, 2008 to YTD 2014 10
Fortis Inc., Alternative Energy, Deals Summary, 2008 to YTD 2014 11
Fortis Inc., Alternative Energy, Deal Details 13
Partnerships 13
QuestAir Technologies Partners With Terasen Gas 13
Equity Offering 14
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 Completes Bought Deal Financing Of US$241.85 Million 23
Caribbean Utilities Company Completes Rights Offering Of US$28 Million 25
Fortis Completes Public Offering Of US$196.66 Million 26
Debt Offering 28
Fortis Prices Private Placement of Notes For US$500 Million 28
Fortis Completes Private Placement Of 4% Debentures Due 2024 For US$193.8 Million 29
Fortis Completes Public Offering Of 4% Debentures Due 2024 For US$1.5 Billion 31
Newfoundland Power Completes Private Placement Of 4.805% Bond Due 2043 For US$67.1 Million 33
Fortis Completes Private Placement Of 5.08% Notes Due 2043 For US$40 Million 34
Fortis Completes Private Placement Of 3.84% Notes Due 2023 For US$285 Million 35
Caribbean Utilities Completes Private Placement Of 3.34% Notes Due 2028 For US$10 Million 36
Caribbean Utilities Completes Private Placement Of 3.54% Notes Due 2033 For US$40 Million 37
FortisAlberta Completes Public Offering Of 4.54% Bonds Due 2041 For US$122.5 Million 38
Caribbean Utilities Completes Private Placement Of 4.85% Senior Unsecured Notes For US$15 Million 39
Caribbean Utilities Completes Private Placement Of 5.1% Senior Unsecured Notes For US$25 Million 40
Fortis Completes Private Placement Of 3.53% Senior Unsecured Notes Due 2020 For US$125 Million 41
Fortis Completes Private Placement Of 5.26% Senior Unsecured Notes Due 2040 For US$75 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
Caribbean Utilities Completes Second Tranche Of Its Private Placement For Additional US$10 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
FortisAlberta Completes Public Offering Of 5.85% Senior Unsecured Medium Term Notes Due 2038 For US$95 Million 51
Asset Finance 52
Fortis, Columbia Power And Columbia Basin Trust Announce Project Financing For Expansion Of Waneta Hydro Power Project In British Columbia, Canada 52
Fred Olsen Renewables Completes Project Financing Of US$481 Million For Wind Farms Portfolio, UK 53
Acquisition 55
UNS Energy Receives FERC Approval for its Acquisition by Fortis for USD4.3 Billion 55
Fortis Completes Acquisition Of CH Energy Group For US$991 Million 57
FortisOntario Acquires Port Colborne Hydro For US$6.9 Million 59
FortisOntario Acquires Great Lakes Power Distribution From Brookfield Renewable 60
Fortis Energy Acquires Minority Interest In Caribbean Utilities Company 62
FortisOntario Acquires 10% Stake In Grimsby Power 64
Fortis Inc. - Key Competitors 65
Key Employees 66
Locations And Subsidiaries 67
Head Office 67
Other Locations and Subsidiaries 67
Recent Developments 69
Operations Updates 69
Sep 24, 2013: Fortis Generation starts next phase of project feasibility studies for Similkameen River water storage and hydroelectric generation facility 69
Financial Announcements 69
May 13, 2014: Fortis Announces Third Quarter Dividends-2014 69
May 08, 2014: Fortis Earns $143 Million in First Quarter 70
Mar 13, 2014: Fortis. Announces Second Quarter Dividends-2014 72
Feb 06, 2014: Fortis Delivers Annual Earnings of $353 Million in 2013 72
Nov 01, 2013: Fortis Earns $48 Million in Third Quarter 74
Aug 08, 2013: Fortis Announces Dividend Rate on Cumulative Redeemable Five-Year Fixed Rate Reset First Preference Shares, Series G 75
Aug 01, 2013: Fortis Earns $54 Million in Second Quarter 75
May 07, 2013: Fortis Reports Revenue Of C$1 Billion In Q1 2013 77
Feb 07, 2013: Fortis Reports Revenue Of CAD3.7 Billion In 2012 77
Other Significant Developments 80
Jun 24, 2014: Fortis Announces Executive Appointments 80
Appendix 82
Methodology 82
About GlobalData 82
Contact Us 82
Disclaimer 82

List of Tables

Fortis Inc., Alternative Energy, Key Facts, 2013 1
Fortis Inc., Alternative Energy, Deals By Year, 2008 to YTD 2014 1
Fortis Inc., Alternative Energy, Deals By Region, 2008 to YTD 2014 1
Fortis Inc., Alternative Energy, Deals By Sector, 2008 to YTD 2014 1
Fortis Inc., Alternative Energy, Deals Summary, 2008 to YTD 2014 1
Fortis Inc., Alternative Energy, Deals By Year, 2008 to YTD 2014 7
Fortis Inc., Alternative Energy Deals By Type, 2008 to YTD 2014 8
Fortis Inc., Alternative Energy, Deals By Region, 2008 to YTD 2014 9
Fortis Inc., Deals By Sector, 2008 to YTD 2014 10
Fortis Inc., Alternative Energy, Deals Summary, 2008 to YTD 2014 11
QuestAir Technologies Partners With Terasen Gas 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 Completes Bought Deal Financing Of US$241.85 Million 23
Caribbean Utilities Company Completes Rights Offering Of US$28 Million 25
Fortis Completes Public Offering Of US$196.66 Million 26
Fortis Prices Private Placement of Notes For US$500 Million 28
Fortis Completes Private Placement Of 4% Debentures Due 2024 For US$193.8 Million 29
Fortis Completes Public Offering Of 4% Debentures Due 2024 For US$1.5 Billion 31
Newfoundland Power Completes Private Placement Of 4.805% Bond Due 2043 For US$67.1 Million 33
Fortis Completes Private Placement Of 5.08% Notes Due 2043 For US$40 Million 34
Fortis Completes Private Placement Of 3.84% Notes Due 2023 For US$285 Million 35
Caribbean Utilities Completes Private Placement Of 3.34% Notes Due 2028 For US$10 Million 36
Caribbean Utilities Completes Private Placement Of 3.54% Notes Due 2033 For US$40 Million 37
FortisAlberta Completes Public Offering Of 4.54% Bonds Due 2041 For US$122.5 Million 38
Caribbean Utilities Completes Private Placement Of 4.85% Senior Unsecured Notes For US$15 Million 39
Caribbean Utilities Completes Private Placement Of 5.1% Senior Unsecured Notes For US$25 Million 40
Fortis Completes Private Placement Of 3.53% Senior Unsecured Notes Due 2020 For US$125 Million 41
Fortis Completes Private Placement Of 5.26% Senior Unsecured Notes Due 2040 For US$75 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
Caribbean Utilities Completes Second Tranche Of Its Private Placement For Additional US$10 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
FortisAlberta Completes Public Offering Of 5.85% Senior Unsecured Medium Term Notes Due 2038 For US$95 Million 51
Fortis, Columbia Power And Columbia Basin Trust Announce Project Financing For Expansion Of Waneta Hydro Power Project In British Columbia, Canada 52
Fred Olsen Renewables Completes Project Financing Of US$481 Million For Wind Farms Portfolio, UK 53
UNS Energy Receives FERC Approval for its Acquisition by Fortis for USD4.3 Billion 55
Fortis Completes Acquisition Of CH Energy Group For US$991 Million 57
FortisOntario Acquires Port Colborne Hydro For US$6.9 Million 59
FortisOntario Acquires Great Lakes Power Distribution From Brookfield Renewable 60
Fortis Energy Acquires Minority Interest In Caribbean Utilities Company 62
FortisOntario Acquires 10% Stake In Grimsby Power 64
Fortis Inc., Key Competitors 65
Fortis Inc., Key Employees 66
Fortis Inc., Subsidiaries 67

List of Figures

Fortis Inc., Alternative Energy, Deals by Type, 2008 to YTD 2014 1
Fortis Inc., Alternative Energy, Deals By Year, 2008 to YTD 2014 7
Fortis Inc., Alternative Energy, Deals by Type, 2008 to YTD 2014 8
Fortis Inc., Alternative Energy, Deals By Region, 2008 to YTD 2014 9
Fortis Inc., Alternative Energy, Deals by Sector, 2008 to YTD 2014 10

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