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Fortis

Higher rates boost profits for TEP parent

Higher rates boost profits for TEP parent

UNS Energy posted sharply higher Q2 profits,  mainly due to higher rates.

47 minutes agoLoading…

Pact sweetens planned deal for Tucson Electric parent

Canadian utility giant Fortis Inc. has agreed to sweeten the pot for ratepayers in its proposed $4.3 billion buyout of Tucson-based UNS Energy Corp.

May 16, 2014 5:24 pmLoading…
Retiring TEP chief reflects on five years at helm

Retiring TEP chief reflects on five years at helm

It may be an understatement to say that a lot has happened since Paul Bonavia became chief executive of UNS Energy Corp. and its main subsidiary, Tucson Electric Power Co., in 2009.

April 27, 2014 12:00 am Photos

Photos

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Tucson Electric parent posts 80% increase in 4Q profit

Higher rates at Tucson Electric Power Co. helped parent UNS Energy Corp. post an 80 percent increase in fourth-quarter profit and a 40 percent increase in net income for all of 2013.

February 25, 2014 1:45 pmLoading…

Suits challenge merger of Tucson Electric Power's parent with Canadian firm

Shareholders of Tucson Electric Power Co.’s parent corporation, UNS Energy, have filed a pair of lawsuits in Pima County Superior Court in an effort to halt a Canadian company’s planned acquisition of the power provider.

December 29, 2013 12:00 amLoading…

Tucson Electric parent OKs $4.3B buyout

UNS Energy Corp., the parent of Tucson Electric Power Co., has agreed to be acquired by Canada-based utility Fortis Inc. in a deal worth $4.3 billion, the companies said Wednesday.

December 12, 2013 12:00 amLoading…

Tucson Electric parent OKs buyout by Canadian utility

UNS Energy Corp., the parent of Tucson Electric Power Co., has agreed to be acquired by Canada-based utility Fortis Inc. in a deal worth $4.3 billion, the companies said today.

December 11, 2013 3:14 pmLoading…

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