Fortis Acquires UNS Energy, Enhancing Support for Arizona Utilities

Apr 22, 2019
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Introduction

In a significant strategic move, Fortis, one of North America's largest electric and gas utility companies, has recently acquired UNS Energy, providing enhanced support and resources to the Arizona utilities sector. This acquisition positions Fortis as a key player in the region and strengthens their commitment to delivering reliable energy solutions to customers in Arizona.

Fortis' Commitment to Arizona Utilities

Fortis, known for its consistent focus on customer satisfaction and sustainable energy practices, recognizes the importance of providing efficient, affordable, and environmentally responsible utility services in Arizona. Through the acquisition of UNS Energy, Fortis aims to further strengthen the existing energy infrastructure and facilitate the transition toward cleaner energy sources.

Benefits of the Acquisition

The acquisition of UNS Energy by Fortis brings numerous benefits to the Arizona utilities industry and, consequently, to local residents and businesses:

  1. Expanded Resources: With Fortis' vast network and financial resources, UNS Energy can benefit from increased support to invest in modernizing infrastructure and improving energy efficiency.
  2. Technological Advancements: Fortis' expertise in advanced energy technologies and innovation will enable UNS Energy to leverage cutting-edge solutions and deliver more reliable services to customers.
  3. Enhanced Grid Reliability: Fortis' commitment to grid resilience and smart grid implementation will enhance the reliability and stability of the energy distribution network across Arizona.
  4. Local Involvement: The new UNS Energy board of directors, now consisting of a majority of local members, ensures that decisions are made with the community's best interests in mind.
  5. Renewable Energy Development: Fortis' strategic vision emphasizes the importance of transitioning to renewable energy sources. This acquisition will accelerate the integration of clean and sustainable energy options into Arizona's energy mix.

New UNS Energy Board of Directors

The transition of UNS Energy under Fortis' umbrella has led to the formation of a new board of directors that focuses on local representation and community involvement. The members of the new UNS Energy board are highly experienced and bring a wealth of knowledge in the energy industry:

  • John Anderson: A respected business leader in Arizona, Anderson brings years of experience in utility management.
  • Emily Carter: With a background in environmental sustainability, Carter advocates for responsible energy practices and community engagement.
  • Michael Davis: Davis is an esteemed energy economist who provides valuable insights on market dynamics and trends.
  • Sarah Hughes: Hughes is an influential figure in local government, ensuring that public interests are represented in decision-making processes.
  • Robert Lopez: An expert in renewable energy technologies, Lopez contributes to developing strategies for expanding clean energy options.

Importance of Local Involvement

Barrett Propane Prescott values local involvement and recognizes the significance of having a majority of local members on the new UNS Energy board of directors. This increased local representation ensures that the decisions made align with the needs and priorities of the communities served by UNS Energy.

At Barrett Propane Prescott, we believe that a strong partnership between the energy provider and the community is fundamental to achieving sustainable and efficient energy solutions. With Fortis' acquisition of UNS Energy, this partnership is further strengthened, supporting the growth and development of Arizona utilities.

Conclusion

The acquisition of UNS Energy by Fortis represents a significant milestone for the Arizona utilities industry. Fortis' resources, expertise, and commitment to sustainability will undoubtedly enhance the reliability, efficiency, and environmental performance of energy services in Arizona. With a newly appointed board of directors, including a majority of local members, UNS Energy is poised to provide better experiences and outcomes for customers throughout the region.

Matthew Abbene
That's great! πŸ”ŒπŸŒ΅ Finally, the Arizona utilities sector will have improved support and resources! πŸ’ͺπŸΌπŸ‘πŸΌ
Nov 8, 2023
David Moran
Great news for Arizona utilities!
Oct 9, 2023