FortisBC Energy Inc, founded in 2004 and headquartered in Burnaby, British Columbia, is a key subsidiary of Fortis Inc, specializing in the delivery of natural gas to residential, commercial, and industrial customers across the province. The company focuses on providing safe, reliable, and sustainable energy solutions, playing a crucial role in meeting the energy needs of its service areas.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| FTSCN 2.42% 2031-07-18 CADFortisBC Energy Inc | Canada | 2031-07-18 | 2.420 | 3.47 |
| FTSCN 2.54% 2050-07-13 CADFortisBC Energy Inc | Canada | 2050-07-13 | 2.540 | 4.89 |
| FTSCN 2.58% 2026-04-08 CADFortisBC Energy Inc | Canada | 2026-04-08 | 2.580 | 2.86 |
| FTSCN 2.82% 2049-08-09 CADFortisBC Energy Inc | Canada | 2049-08-09 | 2.820 | 4.89 |
| FTSCN 3.38% 2045-04-13 CADFortisBC Energy Inc | Canada | 2045-04-13 | 3.375 | 4.90 |
| FTSCN 3.67% 2046-04-09 CADFortisBC Energy Inc | Canada | 2046-04-09 | 3.670 | 4.90 |
| FTSCN 3.69% 2047-10-30 CADFortisBC Energy Inc | Canada | 2047-10-30 | 3.690 | 4.90 |
| FTSCN 3.78% 2047-03-06 CADFortisBC Energy Inc | Canada | 2047-03-06 | 3.780 | 4.90 |
| FTSCN 3.85% 2048-12-07 CADFortisBC Energy Inc | Canada | 2048-12-07 | 3.850 | 4.90 |
| FTSCN 4.25% 2041-12-09 CADFortisBC Energy Inc | Canada | 2041-12-09 | 4.250 | 4.88 |
| FTSCN 4.67% 2052-11-28 CADFortisBC Energy Inc | Canada | 2052-11-28 | 4.670 | 4.90 |
| FTSCN 6.50% 2034-05-01 CADFortisBC Energy Inc | Canada | 2034-05-01 | 6.500 | 4.23 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
FortisBC Energy has a robust history of bond issuances that began shortly after its establishment, with significant issuances in 2004, 2010, and 2015 used to fund infrastructure improvements and expansions. The company’s bonds are known for their favorable terms, often featuring attractive yields that are competitive within the utility sector. As of late 2023, current yields are slightly above the industry average, reflecting the company's strong credit rating and commitment to maintaining a stable financial profile. News regarding strategic investments in renewable energy initiatives has further enhanced the interest in its bond offerings.