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Fortis to buy US electric transmission firm ITC for $11.3bn

2016-02-10 01:00:00| Power Technology

Electric and gas utility firm Fortis has signed an agreement to acquire US-based independent electric transmission firm ITC Holdings, for approximately $11.3bn.

Tags: buy firm electric transmission

 

Fortis Solutions Group acquires Smithfield Food\'s label plant

2016-01-04 06:00:00| Label and Narrow Web Breaking News

Based near Kansas City, the plant provides PS prime, promotional and thermal labels to a number of Smithfield facilities.

Tags: group solutions label plant

 
 

Fortis reaches deal with Belize government over 2011 expropriation

2015-09-01 05:01:21| Energy - Topix.net

ST. JOHN'S, N.L. - Fortis Inc. says it reached an agreement with the Belize government over the expropriation of its approximately 70 per cent interest in Belize Electricity Ltd. in June 2011. Fortis says the settlement includes a one-time, US$35-million cash payment by the Central American country and a reduction of the company's common equity position in the utility to about 33 per cent.

Tags: government deal belize reaches

 

Hydro Ottawa buys 10 run-of-river projects in Ontario, New York from Fortis

2015-07-30 09:47:55| Apparel - Topix.net

Hydro Ottawa said Wednesday it has acquired 10 run-of-the-river hydroelectric facilities in Ontario and New York from Fortis Inc. . Run-of-the-river projects tend to be on a smaller scale than traditional hydro developments and are built along rivers with a consistent flow of water.

Tags: york projects ontario ottawa

 

Hydro Ottawa buys 10 run-of-river projects in Ontario, New York from Fortis

2015-07-30 08:09:21| Energy - Topix.net

Hydro Ottawa said Wednesday it has acquired 10 run-of-the-river hydroelectric facilities in Ontario and New York from Fortis Inc. . Run-of-the-river projects tend to be on a smaller scale than traditional hydro developments and are built along rivers with a consistent flow of water.

Tags: york projects ontario ottawa

 

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