Fortis (TSE:FTS) has released an update.
Fortis Inc. has reported a promising start to 2024 with first quarter net earnings of $459 million, a slight increase from $437 million in the previous year, and a consistent capital expenditure plan tracking at $1.1 billion for the quarter. The company highlighted the release of their 2024 Climate Report and ongoing investments in sustainable energy infrastructure, such as the Tilbury LNG facility expansion in British Columbia. These results reflect Fortis’ commitment to growing its utility business while advancing a cleaner energy future.
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