Total Funding
66
73
Total FundingPost-IPO Debt raised
Growth Score
-4 pts
Heat Score
12 pts
Company Performance Metrics
Score
Trend
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Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
Recent Milestones
Raised Funding Round
Jan 1, 1970
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Fortis is a leader in the North American electric and gas utility business.
Barry V. Perry: CFO- H. Stanley Marshall: President & CEO
About the Company
It was in St. John's, Newfoundland and Labrador that Fortis Inc. ("Fortis" or the "Corporation") had its beginnings with the formation of the St. John's Electric Company in 1885. That was only a few years after Thomas Edison introduced the first commercial use of electricity for lighting. The St. John's Electric
Company would eventually evolve into Newfoundland Power Inc. ("Newfoundland Power"), the first wholly owned subsidiary of Fortis. The Corporation was established as the parent company of Newfoundland Power on December 29, 1987.
