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Showing posts with label Fortis. Show all posts
Showing posts with label Fortis. Show all posts
29 June 2011

Fortis, Gaz Metro in war for Vermont utility

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Newfoundland and Labrador-based Fortis (CA: FTS)  isn’t alone in its bid to buy Central Vermont Public Service. The CVPS board announced o...
25 June 2011

Fortis fighting two tin-pot bureaucracies

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Newfoundland and Labrador based Fortis is seeking compensation for electricity production assets seized by two governments half a continent...
22 June 2011

Belize dannys Fortis

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Almost three years after Danny Williams’s Conservative administration in Newfoundland and Labrador expropriated Fortis’ electricity assets i...
14 June 2011

Belize wants to buy out Fortis interest in Belize power company

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From Fortis: “The Government of Belize (the "Government") issued a media release on Friday, June 10, 2011 announcing the Governm...
30 May 2011

Fortis buys Vermont power utility

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Fortis Inc. (FTS-T) announced Monday it will buy Central Vermont Public Service Corporation. CVPS serves 160,000 customers throughout the s...
11 April 2011

Province settles expropriation with Enel, Sun Life and others

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Compensating a group of companies involved in the Star Lake affected by the Abitibi expropriation will wind up costing the taxpayers of this...
13 December 2010

Dunderdale confirms Bond story on Fortis and Enel

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As you read here on Friday , the provincial government is handing back property seized in December 2008 to Fortis and Enel. NTV ran the st...
20 May 2010

Fortis and Enel getting special treatment from Williams gov under expropriation bill

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At least two of companies whose long-term power purchase agreements were ripped up under the December 2008 expropriation bill will still get...
02 May 2010

NALCOR takes on Fortis loan payments

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NALCOR, the provincial government’s energy corporation, is paying a loan on behalf of the Exploits Partnership, one of the entities affected...
23 April 2010

Dunderdale on Abitibi/Fortis/ENEL expropriation: Oops!

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An obviously stressed natural resources minister Kathy Dunderdale admitted to the House of Assembly yesterday that there were problems with ...
28 December 2009

The fly in the soup clinging to the hair

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Writing in the Globe on Christmas Eve, Fabrice Taylor noted the strong performance of Labrador iron ore in the market place, bouyed by in...
11 December 2009

Fortis/ENEL Expropriation, one year later

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Outside the legislature on Wednesday , Premier Danny Williams had this to say about the legal and financial problems that are still hanging ...
30 October 2009

No word on Fortis expropriation talks

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While other power utilities in Atlantic Canada are up for grabs, there’s no word on the status of compensation talks between the Government ...
22 June 2009

Chamber concerned seized central hydro assets gain for provincial government, loss for region

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The Exploits Regional Chamber of Commerce is very concerned about the benefits from seized hydroelectric assets going somewhere other than t...
30 April 2009

Expropriation has financial impacts on NL-based Fortis

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From Fortis Inc’s first quarter financial statements , issued Thursday comes an indication of the wider impact Bill 75 has had. Bear in mind...
23 December 2008

Missing bits

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From a CBC story in which , among other things, Danny Williams brushes off the NAFTA issue in the Abitibi repo job: The Newfoundland an...
31 May 2007

Fortis to build new Belize hydro project

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From the company's news release on Wednesday: BECOL, an indirect wholly owned subsidiary of Fortis Inc. (TSX:FTS), announced today that...