Fortis wields power. The group has holdings in 10 companies, primarily regulated electricity and gas distributors, serving about 2 million customers. Its Terasen unit is the major natural gas distribution utility in British Columbia and serves approximately 940,000 customers. Newfoundland Power utility distributes electricity to 240,000 people, while Maritime Electric serves customers on Prince Edward Island. FortisOntario serves parts of Ontario, and FortisAlberta distributes electricity to 480,000 customers in Alberta. Fortis also operates hydroelectric plants. To raise cash, in 2015 the company sold its 22 hotels across Canada for $365 million. In 2016 Fortis bought ITC Holdings for $11.3 billion.