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Fortis 2026-2030 Capital Plan

Sector: Natural Gas • Location: Big Cedar and Springerville, Arizona, Canada and United States

Source: Investing.com India

Project
Under Construction

Fortis Inc. has a five-year capital plan totaling $28.8 billion for 2026-2030, focusing on transmission and distribution infrastructure investments. Key projects include the completion of a substation at ITC's Big Cedar Industrial Center and transmission upgrades for the Big Cedar Load Expansion project, expected to be completed by 2028. In Arizona, the Springerville Generating Station is being co

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The project “Fortis 2026-2030 Capital Plan” is an infrastructure initiative in the Natural Gas sector, located in Big Cedar and Springerville, Arizona, Canada and United States. Taiyo aggregates data on it from Investing.com India.

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Description

Description

Fortis Inc. has a five-year capital plan totaling $28.8 billion for 2026-2030, focusing on transmission and distribution infrastructure investments. Key projects include the completion of a substation at ITC's Big Cedar Industrial Center and transmission upgrades for the Big Cedar Load Expansion project, expected to be completed by 2028. In Arizona, the Springerville Generating Station is being converted from coal-fired to natural gas-fired generation, approved in March 2026, to extend operational life and support customer affordability and system reliability. The plan aims to grow the consolidated rate base from $42.4 billion in 2025 to $57.9 billion by 2030, supporting a 7% compound annual growth rate and dividend growth guidance of 4-6% annually through 2030.

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