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Uns Energy Corp

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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State regulators OK buyout of Tucson Electric parent

State regulators OK buyout of Tucson Electric parent

Corporation Commission approves $4.3 billion sale to Canadian utility giant

August 12, 2014 10:56 amLoading…
State panel to decide on UNS Energy buyout Tuesday

State panel to decide on UNS Energy buyout Tuesday

Canada-based Fortis Inc. has proposed buying UNS Energy Corp., parent of TEP

August 11, 2014 1:34 pmLoading…
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…
Higher rates boost Tucson Electric parent's profit

Higher rates boost Tucson Electric parent's profit

UNS Energy Corp. reports jump in second-quarter net income

July 29, 2014 7:49 amLoading…

Hearings are this week on buyout of TEP parent

The Arizona Corporation Commission will hold public hearings this week in Tucson on the proposed $4.3 billion buyout of Tucson Electric Power Co.’s parent company, UNS Energy Corp., by major Canadian utility operator Fortis Inc.

June 16, 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…

Proposed UNS Energy buyout gaining support — and conditions

The proposed buyout of Tucson Electric Power Co. parent UNS Energy Corp. by Canadian utility giant Fortis Inc. is gathering conditional support among stakeholders.

May 11, 2014 12:00 amLoading…

TREO's new 'blueprint' aims for 40K new jobs

The Tucson area’s main economic-development agency has adopted a new strategic “blueprint” with a goal of creating nearly 40,000 new jobs in the next five years.

May 01, 2014 12:00 amLoading…

TEP parent posts higher profit despite lower sales

Tucson-based UNS Energy Corp. posted higher first-quarter profits despite lower sales at Tucson Electric Power Co., thanks to a rate increase that went into effect last year.

April 29, 2014 12:00 amLoading…
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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Feds OK buyout of Tucson Electric parent

The planned acquisition of Tucson-based UNS Energy Corp. by a Canadian utility company advanced with the approval of federal energy regulators.

April 02, 2014 2:58 pmLoading…

Shareholders OK takeover of Tucson-based UNS Energy

Shareholders of UNS Energy Corp. voted today to approve the proposed $4.3 billion buyout of the company by Canadian utility giant Fortis Inc.

March 26, 2014 2:24 pmLoading…

Tucson Electric parent UNS Energy staves off pair of bankruptcy hoaxes

Tucson-based UNS Energy Corp., parent of Tucson Electric Power Co., was the target of a failed hoax in which someone filed fraudulent bankruptcy papers on the company’s behalf.

March 01, 2014 12:00 amLoading…
Bonavia to retire as CEO of Tucson Electric parent UNS

Bonavia to retire as CEO of Tucson Electric parent UNS

Paul J. Bonavia, chairman and CEO of UNS Energy Corp. since 2009, will retire as CEO on May 2 and take a new role as executive board chair of the company, the parent company of Tucson Electric Power Co. announced.

February 27, 2014 12:00 pm 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…

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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