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Uns Energy Corp

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…

TEP parent posts higher earnings, bright outlook

Tucson Electric Power Co. parent UNS Energy Corp. beat analysts’ third-quarter earnings expectations thanks in part to a recent rate increase, but the company handily missed Wall Street’s revenue forecast.

November 07, 2013 12:00 amLoading…

Tucson Electric parent posts higher 3Q earnings

Tucson Electric Power Co. parent UNS Energy Corp. beat analysts' third-quarter earnings expectations thanks in part to a recent rate increase, but the company handily missed Wall Street's revenue forecast.

November 06, 2013 12:48 pmLoading…

Tucson Electric Power parent UNS reports higher 2nd-quarter profit

Tucson-based UNS Energy Corp. posted a higher second-quarter profit but missed Wall Street revenue estimates as sales slipped at subsidiary Tucson Electric Power Co.

July 31, 2013 12:00 amLoading…
UNS Energy benefits from cold weather; beats market estimates

UNS Energy benefits from cold weather; beats market estimates

Tucson-based UNS Energy Corp. posted higher first-quarter earnings as cold weather boosted energy demand.

April 30, 2013 12:00 amLoading…
UNS Energy benefits from cold weather; beats market estimates

UNS Energy benefits from cold weather; beats market estimates

Rodney Utley, left, and his wife, Kristin Courtney, bundled up on a cold January night for the Casino del Sol College All-Star Game. Cold weather caused higher-than-normal energy consumption, benefiting UNS.

April 30, 2013 12:00 amLoading…

Cold weather boosts 1Q profit at Tucson Electric parent

Tucson-based UNS Energy Corp. posted higher first-quarter earnings today as cold weather boosted energy demand.

April 29, 2013 11:42 amLoading…

Tucson Electric parent's lower 4Q profit beats estimates

Tucson-based UNS Energy Corp. today reported lower fourth-quarter profits but beat analysts’ estimates for income and revenues.

February 26, 2013 3:42 pmLoading…

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