FortisBC Inc. - Strategic Analysis Review by GlobalData

VIEWS: 75 PAGES: 23

More Info
									                                      FortisBC Inc. - Strategic Analysis Review

       Reference Code: GDAE13903SA                                                                                      Publication Date: AUG 2010

       Suite 100, 1975 Springfield Road Phone                  +1 866 4367847                          Revenue           244 (million CAD)
       Kelowna, BC                      Fax                                                            Net Profit        NA
       V1Y 7V7                                Website          www.fortisbc.com                        Employees         500 (Estimated)
       Canada                                 Exchange                                                 Industry          Alternative Energy

      Company Overview
       ForticBC Inc. (FortisBC) is an indirect, wholly owned subsidiary of Fortis Inc. (Fortis), which is the largest investor-owned
       distribution utility in Canada. Currently, Fortis’ regulated holdings include a natural gas utility and electric utilities. Further, Fortis is
       also engaged in the real estate and hotel operations. FortisBC is an integrated, regulated electricity company, which owns and
       operates hydroelectric generating plants; high voltage transmission lines and a large network of distribution property in the
       southern part of the British Columbia.

      Key Executives                                              SWOT Analysis
                Name                         Title                FortisBC Inc., SWOT Analysis
      John C. Walker              Chief Executive Officer         Strengths                                  Weaknesses

      R. Harry McWatters          Chairman
                                                                  Power Generating Assets                    Limited Geographical Presence
      Beth D. Campbell            Director
      H. Stanley Marshall         Director                        Secured Supply of Purchased                Declining Operating Margin
                                                                  Power
      Roger M. Mayer              Director
      Source: Company Website, Primary and Secondary
      Research
      GlobalData
                                                                  Opportunities                              Threats


      Key Competitors                                             Capital Program                            Environmental Regulations

      Canadian Utilities Limited                                  British Columbia’s Energy Plan             Intense Competition
      Ontario Power Generation Inc.
      Boralex Inc.
      BC Hydro                                                     Source: Company Website, Primary and Secondary Research
                                                                   GlobalData
      TransAlta Corporation (USA)
      Source: Company Website, Primary and Secondary
      Research
      GlobalData




      Recent Developments
      Aug 26, 2010:                          Fortis To Construct 335MW Hydroelectric Generating Facility In British Columbia
      Jul 07, 2010:                          Quesnel City In Canada Signs LOI With Terasen Gas To Work On QCES
      Mar 25, 2010:                          Fortis Announces Management Changes
      Nov 05, 2009:                          FortisBC Reports Total Revenues Of $56.04 Million For Q3 2009
      Aug 05, 2009:                          FortisBC Reports Total Revenues Of $52.9 Million For Q2 2009
      Source: Annual Report, Company Website, Primary and Seco
								
To top