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Fortis presents $32.2 billion capital plan for 2027-2031

By Public Technologies
  • Fortis outlined a $32.2 billion capital plan for 2027-2031, up $3.4 billion from its prior plan, driven by transmission and LNG investments.
  • Projected five-year rate base growth accelerated to 7.5% annually, up 50 basis points from the prior plan.
  • Annual dividend growth guidance of 4%-6% extends through 2031, following a 4% dividend increase in the fourth quarter of 2026.
  • Cash from operations is expected to fund 57% of capital spending; net debt will cover 32%, with equity providing 11%.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fortis Inc. published the original content used to generate this news brief on November 03, 2026, and is solely responsible for the information contained therein.

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