Q: I read in the Vancouver Sun that the municipalities in the US have a lot of control over the rate at which energy utilities convert to climate friendly energy sources. A UBC climate change expert weighed in to nudge the Vancouver municipal council who are meeting this week on the subject to stick to their acceleration plan for Fortis (+ maybe others) to adhere to it. Do you have any facts or insight on investor sentiment over the short to medium term?
5i Research Answer:
We have no new insight here. FTS is on track to achieve 15% renewable gas by 2030. Generally, investors view the company as fairly progressive in its 'green' initiatives.