UNS Energy

UNS Energy is the parent company of Tucson Electric Power and UniSource Energy Services.

History

UniSource Energy was started in 1998 as the parent company for Tucson Electric Power. In 2003, the company acquired Citizens Communications's Arizona gas and electric operations in 2003 and renamed them UniSource Energy Services.[http://www.bizjournals.com/phoenix/stories/2003/08/11/daily15.html Citizens sells Arizona operations to UniSource Energy]

On August 24, 2004, the company restated its net income, and the new figure is $113.9 million in 2003, $34.9 million in 2002 and $63.8 million in 2001.{{cite web |url=http://ir.uns.com/releasedetail.cfm?releaseid=168890 |title= UniSource Energy Reports Solid Second Quarter Earnings}}

The company changed its name to UNS Energy in 2012.[http://azstarnet.com/business/local/unisource-changes-name-to-uns-energy/article_7e467840-4736-576f-b70a-c0beac97b7b7.html UniSource changes name to UNS Energy]

In 2013, Fortis announced its acquisition of UNS and completed this in August 2014.{{Cite web|url=https://www.fortisinc.com/our-companies/uns-energy|title = UNS Energy}}

References