Belize Electricity Limited Announces Rights Offering

Fortis Inc. (TSX:FTS)Belize Electricity Limited, a subsidiary of Fortis Inc., issued the following media release on May 16, 2006.Belize Electricity Limited (BEL) announced yesterday a rights offering to its shareholders. Under the terms of the offering, BEL will issue a right to acquire one Ordinary Share at par value BZ$2.00 for every Ordinary...