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Fortis

Canada's Fortis completes buyout of Tucson Electric parent

New UNS Energy board carries over most local independent directors

August 16, 2014 12:00 amLoading…
State regulators OK $4.3B buyout of Tucson Electric parent

State regulators OK $4.3B buyout of Tucson Electric parent

No major changes expected but customers will soon see small billing credits

August 13, 2014 12:00 am Photos

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ACC judge backs buyout of Tucson Electric parent

ACC judge backs buyout of Tucson Electric parent

$4.3 billion deal for UNS Energy Corp. could be finalized next month.

July 30, 2014 11:15 amLoading…
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.

July 30, 2014 12:00 amLoading…

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

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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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