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  • American City Business Journals8 days ago

    Hawaiian Electric cancels its major LNG deal with Canadian firm

    Hawaiian Electric Co. has terminated its deal with a subsidiary of Fortis Inc. that called for the Canadian electric and utility gas giant to supply the state’s largest utility with liquefied natural gas as a replacement for oil starting in 2021, HECO said Tuesday. The deal was contingent on regulatory approval of NextEra Energy Inc.’s (NEE) $4.3 billion acquisition of Hawaiian Electric, which did not happen. The Honolulu-based utility withdrew its application for regulatory approval of its LNG deal with Fortis Hawaii Energy Inc. along with plans to upgrade its Kahe Power Plant to use natural gas and a waiver from competitive bidding to upgrade the plant.

  • Capital Cube9 days ago

    ETF’s with exposure to Fortis, Inc. (Canada) : July 19, 2016

    Click here to see latest analysis*Disclaimer : This is as of previous day’s closeETF’s with exposure to Fortis, Inc. (Canada)Here are 5 ETF’s with the largest exposure to FTS-CA. Comparing the performance and risk of Fortis, Inc. (Canada) with the ETF’s that have exposure to it gives us some ETF choices that could give us […] (Read more...) The post ETF’s with exposure to Fortis, Inc. (Canada) : July 19, 2016 appeared first on CapitalCube.