Fortis Inc.

10:03 AM EST - Fortis Inc. : Announced its new five-year capital investment plan of $19.6 billion for the period 2021 to 2025, up $800 million from the prior year's plan. Consolidated rate base is projected to increase from $30.2 billion in 2020 to $36.4 billion in 2023 and $40.3 billion in 2025, translating into three and five-year compound annual growth rates of 6.5% and 6.0%, respectively. Fortis Inc. shares T.FTS are trading up $0.18 at $53.08.