ST. JOHN–S, NEWFOUNDLAND AND LABRADOR — (Marketwired) — 11/06/17 — Newfoundland Power Inc. has declared regular quarterly dividends on its Series A, B, D and G First Preference Shares as follows:
All the common shares of Newfoundland Power Inc. are owned by Fortis Inc. (TSX: FTS)(NYSE: FTS), a leader in the North American regulated electric and gas utility industry with total assets of approximately $47 billion. The Corporation–s more than 8,000 employees serve utility customers in five Canadian provinces, nine U.S. states and three Caribbean countries. Fortis shares are listed on the TSX and NYSE and trade under the symbol FTS.
Newfoundland Power is the primary distributer of electricity on the island portion of Newfoundland and Labrador, and purchases 93% of its energy needs from Newfoundland and Labrador Hydro. With a customer base of approximately 265,000 accounts, Newfoundland Power is committed to safety, dedicated to the highest level of customer service and delivers reliable electricity at the lowest possible cost. For more information on Newfoundland Power–s programs, services and community partnerships, please visit
Contacts:
Ms. Paige London
Vice President, Finance & Chief Financial Officer
Newfoundland Power Inc.
Office: (709) 737-5409
(709) 737-5300 (FAX)