03:10 PM EST - Fortis Inc. : said the Waneta Expansion Limited Partnership, a partnership between Fortis Columbia Power Corporation and Columbia Basin Trust, announced today that the $900-million, 335-megawatt Waneta Expansion hydroelectric generating facility near Trail, British Columbia is now online and generating power. Fortis has a 51% controlling ownership interest in the Waneta Expansion. All of the output of the Waneta Expansion will be sold to BC Hydro and FortisBC Inc. under 40-year contracts. Fortis Inc.
shares T.FTS are trading up $0.59 at $38.96.
