Investment Update | Review + Outlook
​Fortis.has added substantial value through both organic growth and acquisitions. Looking forward, the combination of the impending ITC acquisition on top of an aggressive 5-year, $9.3 billion capital program should drive solid earnings growth and continued dividend increases.
Fortis is principally an international electric and gas utility holding company. Co. also holds investments in non-regulated generation assets. Co.'s business segments are: Regulated Electric & Gas Utilities - United States; Regulated Gas Utility - Canadian; Regulated Electric Utilities - Canadian; Regulated Electric Utilities - Caribbean; Non-Regulated - Fortis Generation; Non-regulated - Non-Utility; and Corporate and Other. Its regulated utilities served more than 3.0 million customers across Canada and in New York State and the Caribbean. Co. also holds investments in non-regulated generation assets in Canada and Belize, through Fortis Generation.
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