Regulated Utility Operations: Fortis benefits from a large portfolio of regulated utility assets, providing stable and predictable cash flows due to government-approved rates of return and limited competition within its service territories.

Geographic Diversification: Operating across multiple jurisdictions in Canada, the United States, and the Caribbean, Fortis mitigates economic and regulatory risks that might be concentrated in a single region.

Essential Service Provider: As a supplier of electricity and natural gas, Fortis provides non-discretionary services, ensuring consistent demand and revenue streams regardless of broader economic fluctuations.