• Fortis Inc. published its first-quarter 2026 MD&A, showing net earnings attributable to common shareholders of CAD 501 million, or CAD 0.99 per share, largely steady versus prior year.
• Capital expenditures totaled CAD 1.36 billion in quarter, keeping CAD 5.6 billion full-year plan on track.
• Five-year capital plan of CAD 28.8 billion targets midyear rate base growth to CAD 57.9 billion by 2030 from CAD 42.4 billion in 2025, implying 7% CAGR.
• ITC completed substation work supporting 300 MW of data center load at Big Cedar Industrial Center; additional upgrades targeting another 1,600 MW are expected to be completed by 2028.
• Dividend growth outlook reiterated at 4%-6% annually through 2030, supported by planned rate base expansion.

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 May 06, 2026, and is solely responsible for the information contained therein.