Rating Report

Fortis Inc.: Rating Report

Utilities & Independent Power

Summary

On May 4, 2021, DBRS Limited (DBRS Morningstar) upgraded Fortis Inc.’s Issuer Rating and Unsecured Debentures rating to A (low) from BBB (high) and Fortis’ Preferred Shares rating to Pfd-2 (low) from Pfd-3 (high). DBRS Morningstar also changed all trends to Stable from Positive.

Issuers

Contacts

  • Eric Eng
    Senior Vice President, Credit Ratings-Energy, Utilities,& Natural Resources
    +1 416 597 7578
  • Biao Gong
    Senior Vice President, Sector Lead - Corporate Ratings, Project Finance
    +(1) 416 597 7557
  • Vipin Pal
    Assistant Vice President, Infrastructure, Power & Utilities
    +1 416 597 7572

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