Fortis Inc. Acquisition of CH Energy Group, Inc. Approved by New York State Public Service Commission

POUGHKEEPSIE, N.Y.--(BUSINESS WIRE)--Fortis Inc. (“Fortis” or the “Corporation”) (TSX:FTS) and CH Energy Group, Inc. (“CH Energy Group”) (NYSE:CHG), the parent company of Central Hudson Gas & Electric Corporation (“Central Hudson”), announced today that the New York State Public Service Commission (the “NYSPSC”) has voted to approve the Corporation’s agreement to acquire CH Energy Group (the “Acquisition”). Closing of the Acquisition is expected to occur shortly after receipt, review and acceptance of the official written order of the NYSPSC.