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CH Energy Group

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  1. Fortis Reports Full-Year Earnings, Increases Dividend


    Thu, 6 Feb 2014

    the acquisition closes, one third of Fortis’ assets will be located in the U.S., including the company’s CH Energy Group acquisition that closed last June. Management has suggested it will continue to look for additional opportunities to

  2. Fortis' Earnings Reflect Lower Allowed Returns and Higher Capital Additions


    Fri, 1 Nov 2013

    trend. Fortis recently completed its $1.5 billion CH Energy Group acquisition. Management expects the transaction to be accretive to EPS in 2015. CH Energy Group contributed $12 million in the quarter, which was

  3. Fortis Posts Solid 1Q Results; Awaiting Approval for CH Energy Acquisition


    Tue, 7 May 2013

    reached a settlement agreement with the New York State Public Service Commission staff related to its $1.5 billion CH Energy Group acquisition proposal. On Friday, an advisory opinion issued by administrative law judges recommended approval of

  4. Fortis Reports Full-Year Earnings, Announces Settlement Agreement with New York Regulators


    Tue, 19 Feb 2013

    the company's equity share issuance for the company's CH Energy Acquisition. The company will pay CAD 1.24 per share dividend ..... the company's announced $1.5 billion acquisition of CH Energy Group . Management expects the transaction to close in the second

  5. Fortis Reports Flat First-Quarter Earnings


    Fri, 4 May 2012

    February 2012, the company entered into a $1.5 billion purchase agreement to acquire New York regulated utility CH Energy Group CHG . We believe the transaction is slightly value-dilutive for Fortis shareholders. Fortis is awaiting regulatory

  6. Fortis Enters U.S. Market With Acquisition of CH Energy Group


    Tue, 21 Feb 2012

    cash and debt bid for CH Energy Group CHG , a regulated New York ..... offered $65 per share for CH Energy , a 10.5% premium ..... The smaller deal for CH Energy indicates to us that ..... well-suited for the CH Energy Group acquisition. Our strategic

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