Fortis Inc. Releases Third Quarter 2025 Results, New FiveYear Capital Outlook and 4% Increase in Fourth Quarter Dividend
News Source : Financial Post
News Summary
- The Corporation reported net earnings attributable to common equity shareholders (“Net Earnings”) of $409 million for the third quarter of 2025, or $0.81 per common share.
- “Today we are pleased to unveil our largest five-year capital plan of $28.8 billion,” said David Hutchens, President and Chief Executive Officer, Fortis.
- The increase is driven by higher transmission investments at ITC, as well as customer growth and reliability investments across our utilities.
The Corporations ability to achieve its interim greenhouse gas (GHG) emissions reduction targets of 50% by 2030 and 75% by 2035 is expected to be impacted by factors including significant load growth [+5647 chars]
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