Fortis reports Q1 adjusted EPS C$0.91 vs. C$0.78 a year ago

"Our strong first quarter results reflect the diversified nature of our business and the continued delivery of our low-risk capital plan," said David Hutchens, President and CEO, Fortis. "With capital expenditures of $1.0 billion in the quarter, we are on track to invest $4.3 billion in our systems this year." "Our funding plan remains intact, and the sale of the Aitken Creek Natural Gas Storage Facility further strengthens our balance sheet and supports financing of our regulated utility investments," said Hutchens. "We remain confident in our growth strategy as we continue to provide value to shareholders while executing on the transition to a cleaner energy future and delivering safe, reliable and affordable service to our customers."