StocksMedium•3 November 2026•
1 min read
Fortis Unveils Record $32.2 Billion Five-Year Capital Investment Plan
Key Facts
1Fortis introduced a $32.2 billion capital plan for the 2027–2031 period, the largest in the company's history.
2The company expects a five-year compound annual growth rate (CAGR) of 7.5% in its rate base.
Fortis introduced a $32.2 billion capital plan for the 2027–2031 period, marking the largest investment program in the company's history. Stock Titan reported that the five-year plan focuses on power and gas projects, representing a $3.4 billion increase over the previous outlook.
The company expects a five-year compound annual growth rate (CAGR) of 7.5% in its rate base to drive the modernization of energy infrastructure. FTS closed at $59.29 on November 2, 2026, having reached a session high of $59.48.