New UNS Energy board carries over most local independent directors
No major changes expected but customers will soon see small billing credits
Corporation Commission approves $4.3 billion sale to Canadian utility giant
Canada-based Fortis Inc. has proposed buying UNS Energy Corp., parent of TEP
$4.3 billion deal for UNS Energy Corp. could be finalized next month.
UNS Energy posted sharply higher Q2 profits, mainly due to higher rates.
UNS Energy Corp. reports jump in second-quarter net income
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.
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.
The proposed buyout of Tucson Electric Power Co. parent UNS Energy Corp. by Canadian utility giant Fortis Inc. is gathering conditional support among stakeholders.
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.
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.
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.
The planned acquisition of Tucson-based UNS Energy Corp. by a Canadian utility company advanced with the approval of federal energy regulators.
Shareholders of UNS Energy Corp. voted today to approve the proposed $4.3 billion buyout of the company by Canadian utility giant Fortis Inc.
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.
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.
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.
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.
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.