FortisBC Holdings Inc. applauds provincial approval of the Tilbury Marine Jetty Project [Yahoo! Finance]
Fortis Inc. Common Shares (FTS)
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Source: Yahoo! Finance
FortisBC Holdings Inc. (FortisBC) welcomes the approval by the Province of British Columbia of the TMJ project and is awaiting a decision from the Government of Canada The TMJ project consists of building a jetty, or dock, on the south arm of the Fraser River adjacent to FortisBC's existing Tilbury LNG facility. Once constructed, the TMJ will be the first facility on Canada's west coast that will enable trans-oceanic vessels to fuel with liquefied natural gas (LNG) at the Port of Vancouver LNG from Tilbury is among the cleanest in the world with a carbon intensity that is about 30 per cent lower than the global average because the facility is powered by hydroelectricity. Using LNG from Tilbury rather than conventional marine fuel reduces GHG emissions by up to 27 per cent, in the very difficult to decarbonize marine sector. Switching all ships that call at the Port of Vancouver from conventional marine fuel to LNG marine fuel would also remove 90 per cent of the particulate matter
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- Advisory: Fortis Inc. to Hold Teleconference on May 1 to Discuss First Quarter 2024 Results and Hold Annual and Special Meeting on May 2GlobeNewswire
- Taking A Look At Fortis Inc.'s (TSE:FTS) ROE [Yahoo! Finance]Yahoo! Finance
- Damage incidents to FortisBC's gas lines down in 2023 as more British Columbians clicking or calling before they dig [Yahoo! Finance]Yahoo! Finance
- Fortis Inc. (NYSE: FTS) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Fortis (TSE:FTS) investors are sitting on a loss of 6.3% if they invested a year ago [Yahoo! Finance]Yahoo! Finance
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- 2/9/24 - Beat
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- 3/11/24 - Form 6-K
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