Who owns Caribbean Utilities Company?
Caribbean Utilities Company is owned by Fortis (Canada, TSX: FTS).[1]
Fortis owns 60% of Caribbean Utilities Company rather than all of it.
Evidence: Fortis Inc. Annual Report on Form 40-F filed 2026-02-12, SEC EDGAR, 12 February 2026. Verified from filings; last checked .
Key facts
- Current owner
- Fortis Inc. (60% stake) verified
- Owner HQ
- 🇨🇦 Canada, St. John's
- Origin
- 🇰🇾 Cayman Islands · browse countries
- Category
- Energy › Power & utilities › Electric utilities
- Parent ticker
- TSX: FTS NYSE: FTS
- Last verified
- · 1 sources
About Caribbean Utilities Company
Caribbean Utilities Company, Ltd. is the electric utility of the Cayman Islands in which Fortis's 2025 annual information form reports an approximate 60% controlling interest. The AIF says its diesel plant fuel is bought under contracts that expire in 2027.
Ownership timeline of Caribbean Utilities Company
Where Caribbean Utilities Company sits in Fortis
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Fortis ownership tree →
See the full Fortis brand portfolio (10) →
Other brands owned by Fortis
Fortis controls 10 brands on Brandtree, 10 of them in energy.
Also in energy
Other brands in electric utilities, and who owns them
The 47 brands in electric utilities on Brandtree belong to 30 owners. The largest is Exelon, with 6; Fortis has 6.
| Brand | Owner | Owner based in |
|---|---|---|
| Atlantic City Electric | Exelon | 🇺🇸 United States |
| Alabama Power | Southern Company | 🇺🇸 United States |
| Empire District Electric | Algonquin Power | 🇨🇦 Canada |
| Chubu Electric Power | Chubu Electric Power | 🇯🇵 Japan |
| Dominion Energy South Carolina | Dominion Energy | 🇺🇸 United States |
| Kentucky Utilities | PPL | 🇺🇸 United States |
| Wisconsin Electric Power Company | WEC Energy Group | 🇺🇸 United States |
| AES Ohio | AES | 🇺🇸 United States |
About the owner: Fortis
Fortis is a publicly listed company headquartered in St. John's, Canada. Brandtree records 10 brands under its control, and it is listed as TSX: FTS and NYSE: FTS.
Fortis Inc. is a holding company whose 2025 annual information form lists its regulated utilities as ITC (electric transmission), UNS Energy, Central Hudson, FortisBC Energy, FortisAlberta, FortisBC Electric and a group of other electric utilities in eastern Canada and the Caribbean. The AIF says Fortis holds 80.1% of ITC Investment Holdings (an affiliate of GIC holds 19.9% as a passive investment) and 100% of UNS Energy, Central Hudson, FortisBC Energy, FortisAlberta and Newfoundland Power. Its common shares trade on the TSX and NYSE under the symbol FTS.
Frequently asked questions
Who is the parent company of Caribbean Utilities Company?
The parent company of Caribbean Utilities Company is Fortis, a publicly listed company headquartered in Canada.
Is Caribbean Utilities Company Caymanian or Canadian?
Caribbean Utilities Company originated in Cayman Islands, but it is owned today by Fortis, which is headquartered in Canada. So Caribbean Utilities Company is a Caymanian-origin brand under Canadian ownership.
Is Caribbean Utilities Company still owned by Fortis?
Yes. As of 5 October 2026, Caribbean Utilities Company is still owned by Fortis (60% stake). The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Fortis Inc. Annual Report on Form 40-F filed 2026-02-12 — SEC EDGAR, SEC filing, published 12 February 2026; retrieved 5 October 2026.
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