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belize electricity

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Fortis Achieves Record Earnings of $147.2 Million in 2006
Fortis Inc. (TSX: FTS) "For the seventh consecutive year, Fortis has delivered record earnings to shareholders. Significant capital investments in electrical infrastructure, growth from acquisitions and lower corporate taxes were the major drivers of performance," says Stan Marshall, President and Chief Executive Officer, Fortis Inc. Fortis Inc., ("Fortis" or...
Tags: Belize Electricity, Company, Fortis Inc., Fortis N.V., FortisAlberta, FortisBC, FortisOntario
Research articles 2007-02-08

Additional Resources

Belize Electricity Limited Closes Share Purchase Offering
Fortis Inc. (TSX: FTS) Belize Electricity Limited, a subsidiary of Fortis Inc., issued the following media release on June 21, 2006. Belize Electricity Limited BEL has announced that its Share Purchase Offering closed on Monday, June 19, 2006, with approximately 97 per cent of the share purchase rights...
Tags: Fortis N.V.
Research articles 2006-06-22
Fortis to Build New Hydroelectric Generation in Belize
BECOL, an indirect wholly owned subsidiary of Fortis Inc. (TSX: FTS), announced today that the Company has received all major approvals for construction of a US$52.5 million 18-megawatt ("MW") hydroelectric generating facility at Vaca on the Macal River in Belize. BECOL has signed a 50-year agreement with Belize Electricity...
Tags: Fortis
Research articles 2007-05-30
Fortis to build new hydro generation.(BELIZE)
BECOL, a subsidiary of Fortis Inc., said May 30 it has received approvals for construction of a US$52.5 million 18-megawatt hydroelectric generating facility at Vaca on the Macal River in Belize: BECOL has signed a 50-year agreement with Belize Electricity Ltd for the sale...
Tags: Fortis N.V.
Research articles 2007-07-01
A 24-megawatt hydroelectric power plant
A 24-megawatt hydroelectric power plant is being built for $59.4 million, with $26 million in financing from the International Finance Corp. a World Bank affiliate, by Belize Electric Co. Ltd. BECOL, owned by Dominion Energy Inc., a U.S. firm. When the plant is completed in September...
Tags: board, FINANCE, financing, Investment, World Bank
Research articles 1993-09-01
FORTIS EXPANDS INVESTMENT.
Fortis Inc., based in Toronto, Ont., announced January 26 that it has purchased Duke Energy Group, Inc.'s 95% interest in Belize Electricity Co. Ltd. BECOL for an aggregate purchase price of US$62 million. The remaining 5% of BECOL is owned by the Government...
Tags: Fortis N.V.
Research articles 2001-03-01
Storming the Fortis
BELIZE -- A power company from Newfoundland is playing hardball in Belize in an attempt to build a dam in a rainforest. Fortis, the power company, wants to erect a 50-meter-tall Chalillo dam in the Macal River Valley. Burning biowastes from Belize's sugar fields could generate twice as much electricity...
Tags: Fortis N.V.
Research articles 2002-06-22
Why I Like Fortis
The Moneygardener submits: Yesterday I initiated a position in Fortis Inc. ((TSE:FTS)) at C$21.31, where it was trading near its 52 week low of C$20.70.About FortisFortis Inc.  is the largest investor-owned distribution utility in Canada, serving almost 2,000,000 gas and electricity customers. Its regulated holdings include a natural gas utility...
Tags: Fortis, Utility, Canada, Natural Gas, Seeking Alpha, Moneygardener, Telecom & Utilities, Real Estate, Business Operations, The Moneygardener, Diageo Plc.
External links 2008-10-17
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