Utility

Global Water Resources (GWR) has acquired Francesca Water Company, a water utility located in southwest Tucson, Arizona.

Electric and gas utility company Fortis (FTS) its looking to achieve its dividend growth targets with a new five-year C$19.6 billion capital plan.

Utilities provider Global Water Resources has picked up Arizona-based Mirabell Water to expand its reach in the US state.

Utilities company Capital Power (CPX) is executing a series of 20-year power purchase agreements with Duke Energy Carolinas.

After 20 years at Fortis (FTS), Barry Perry has made the decision to retire from his position as President and CEO.

China-based energy service provider CF Energy (CFY) has received a loan facility from the Bank of China valued at almost C$45 million. 

Long-suffering gas and electricity provider Just Energy (JE) has received court approval to proceed with a C$52 million recapitalisation plan.

Fortis (FTS) is set to acquire an additional 10 per cent interest in Caribbean Utilities Company as part of a standby commitment.

Stantec (STN) has signed a five-year delivery contract with the US Army Corps of Engineers (USACE) worth C$45 million.

Capital Power (CPX) has extended the contract for its Alabama Decatur Energy centre by a further 10 years.