Bahamas Securities Exchange

Emera Inc. Subsidiary Nova Scotia Power Reaches Settlement Agreement on General Rate Application, Including Fuel and Non-fuel Rates for 2023 and 2024

Retrieved on: 
Thursday, November 24, 2022
Alternative Energy, Energy, Utilities, Oil, Gas, Investment, Toronto Stock Exchange, Inc., Carbon, Barbados Stock Exchange, DSM, Nova Scotia Power, Georgian Industrial Group, Environment, News, Energy demand management, Risk, Nova Scotia Utility and Review Board, TSX, Weather, Small business, FAM, Nova, The Bahamas, GRA, NS, Dalhousie University, Industrial group, SEDAR, Electricity, Bahamas Securities Exchange, EMA, Pharmaceutical industry, Risk management, Emera, TECO Energy

Emera Inc. (TSX: EMA) and its wholly-owned subsidiary Nova Scotia Power (NS Power) announced today that NS Power has filed a proposed settlement agreement for its 2022-2024 General Rate Application (GRA) with the Nova Scotia Utility and Review Board (UARB).

Key Points: 
  • Emera Inc. (TSX: EMA) and its wholly-owned subsidiary Nova Scotia Power (NS Power) announced today that NS Power has filed a proposed settlement agreement for its 2022-2024 General Rate Application (GRA) with the Nova Scotia Utility and Review Board (UARB).
  • If approved by the UARB, the settlement will implement Bill 212, the provincially legislated cap on non-fuel rates for 2023 and 2024.
  • Nova Scotia Power Inc. is a wholly-owned subsidiary of Emera Inc. (TSX-EMA), a diversified energy and services company.
  • Nova Scotia Power provides 95% of the generation, transmission and distribution of electrical power to approximately 540,000 residential, commercial and industrial customers across Nova Scotia.

Emera Teleconference on November 11 to Discuss Q3 2022 Results

Retrieved on: 
Tuesday, October 11, 2022
Oil, Gas, Alternative Energy, Energy, Other Energy, Utilities, International, Electricity, TSX, EMA, Toronto Stock Exchange, Barbados Stock Exchange, Carbon, Bahamas Securities Exchange, Investment, Company, The Bahamas, Cryptocurrency, Emera

Today Emera (TSX: EMA) announced that it will release its Q3 2022 results on Friday, November 11, 2022, before markets open.

Key Points: 
  • Today Emera (TSX: EMA) announced that it will release its Q3 2022 results on Friday, November 11, 2022, before markets open.
  • The Company will host a teleconference and webcast the same day at 9:30 a.m. Atlantic (8:30 a.m. Eastern) to discuss the results.
  • A live and archived audio webcast of the teleconference will be available on the Company's website, www.emera.com .
  • A replay of the teleconference will be available on the Companys website two hours after the conclusion of the call.

Emera Technologies and Novonix Launch Microgrid Battery

Retrieved on: 
Monday, June 6, 2022
USN, The Bahamas, Entrepreneurship, Aircraft, Research, RET, EMA, LLC, OTCQX, CEO, Partnership, Admiral, Bahamas Securities Exchange, Investment, Toronto Stock Exchange, Growth, GLOBE, Electricity, Barbados Stock Exchange, Technology, TSX, NASDAQ, Industry, NVX, Certification, Kirtland Air Force Base, Sandia National Laboratories, ASX, Carbon, Renewable energy, Lithium, Emera

TAMPA, Fla. and BRISBANE, Australia, June 06, 2022 (GLOBE NEWSWIRE) -- Today Emera Technologies Limited, a subsidiary of Emera Inc. (TSX:EMA), and NOVONIX Limited (NASDAQ: NVX, ASX: NVX, OTCQX: NVNXF) (NOVONIX), a leading battery materials and technology company in Halifax, announced the delivery of their first-of-its-kind, custom-designed microgrid battery prototype.

Key Points: 
  • TAMPA, Fla. and BRISBANE, Australia, June 06, 2022 (GLOBE NEWSWIRE) -- Today Emera Technologies Limited, a subsidiary of Emera Inc. (TSX:EMA), and NOVONIX Limited (NASDAQ: NVX, ASX: NVX, OTCQX: NVNXF) (NOVONIX), a leading battery materials and technology company in Halifax, announced the delivery of their first-of-its-kind, custom-designed microgrid battery prototype.
  • Emera Technologies and NOVONIX first announced their partnership to develop the innovative battery storage technology in Halifax early in 2021.
  • The prototype was developed by NOVONIX to support Emera Technologies residential microgrid system, BlockEnergy , which is operating in a residential pilot project south of Tampa, Florida.
  • Were looking forward to receiving this first battery and are excited about this next phase of growth at Emera Technologies as we equip the next generation of homeowners with full-home battery storage capabilities, said Rob Bennett, President and CEO of Emera Technologies.

Emera Technologies and NOVONIX Launch Made-In-Atlantic-Canada Microgrid Battery

Retrieved on: 
Monday, June 6, 2022
The Bahamas, Entrepreneurship, Aircraft, Research, LLC, EMA, OTCQX, CEO, Partnership, Bahamas Securities Exchange, Investment, Toronto Stock Exchange, Growth, Electricity, Technology, Barbados Stock Exchange, TSX, NASDAQ, Industry, NVX, Certification, Kirtland Air Force Base, Sandia National Laboratories, ASX, Carbon, Renewable energy, Lithium, Emera

TAMPA, Fla., June 6, 2022 /PRNewswire/ -- Today Emera Technologies Limited, a subsidiary of Emera Inc. (TSX: EMA), and NOVONIX Limited (NASDAQ: NVX, ASX: NVX, OTCQX: NVNXF) ("NOVONIX"), a leading battery materials and technology company in Halifax, announced the delivery of their first-of-its-kind, custom-designed microgrid battery prototype.

Key Points: 
  • TAMPA, Fla., June 6, 2022 /PRNewswire/ -- Today Emera Technologies Limited, a subsidiary of Emera Inc. (TSX: EMA), and NOVONIX Limited (NASDAQ: NVX, ASX: NVX, OTCQX: NVNXF) ("NOVONIX"), a leading battery materials and technology company in Halifax, announced the delivery of their first-of-its-kind, custom-designed microgrid battery prototype.
  • Emera Technologies and NOVONIX first announced their partnership to develop the innovative battery storage technology in Halifax early in 2021.
  • The prototype was developed by NOVONIX to support Emera Technologies' residential microgrid system, BlockEnergy , which isoperating in a residential pilot project south of Tampa, Florida.
  • "We're looking forward to receiving this first battery and are excited about this next phase of growth at Emera Technologies as we equip the next generation of homeowners with full-home battery storage capabilities," said Rob Bennett, President and CEO of Emera Technologies.

BayoTech and New Mexico Gas Company Partner to Build State's Largest Clean Hydrogen Production Hub

Retrieved on: 
Friday, December 3, 2021
Hydrogen, Carbon, CEO, Sale, Technology, Industry, TECO Energy, Toronto Stock Exchange, Transport, Bahamas Securities Exchange, Foreign policy, View, Barbados Stock Exchange, Investment, Cooking, EMA, United Kingdom, Water, The Bahamas, Carbon footprint, Electricity, Multimedia, Growth, Natural gas, Renewable energy, Oil

The BayoTech-owned BayoGaaS Hydrogen Hub will be located on New Mexico Gas Company property and provide hydrogen to support the utility's decarbonization goals.

Key Points: 
  • The BayoTech-owned BayoGaaS Hydrogen Hub will be located on New Mexico Gas Company property and provide hydrogen to support the utility's decarbonization goals.
  • Because combustion of hydrogen emits only water, blending hydrogen with natural gas reduces the greenhouse gas intensity of the natural gas stream.
  • Leveraging its existing industries and infrastructure, New Mexico has an opportunity to develop a world-class, clean hydrogen economy focusing on the production, use, and export of clean hydrogen.
  • Learn more at www.bayotech.us
    As the largest natural gas distribution utility in the state, New Mexico Gas Company serves more than 540,000 customers throughout New Mexico.

BayoTech and New Mexico Gas Company Partner to Build State's Largest Clean Hydrogen Production Hub

Retrieved on: 
Friday, December 3, 2021
Hydrogen, Carbon, CEO, Sale, Technology, Industry, TECO Energy, Toronto Stock Exchange, Transport, Bahamas Securities Exchange, Foreign policy, Barbados Stock Exchange, Investment, Cooking, EMA, United Kingdom, Water, The Bahamas, Carbon footprint, Electricity, Growth, Natural gas, Coal, Renewable energy, Oil

ALBUQUERQUE, N.M., Dec. 3, 2021 /PRNewswire/ -- BayoTech, Inc. ("BayoTech"), an innovator in hydrogen solutions, today announced an agreement with New Mexico Gas Company to deploy a new highly-efficient hydrogen production facility in Albuquerque. The BayoTech-owned BayoGaaS™ Hydrogen Hub will be located on New Mexico Gas Company property and provide hydrogen to support the utility's decarbonization goals.

Key Points: 
  • The BayoTech-owned BayoGaaS Hydrogen Hub will be located on New Mexico Gas Company property and provide hydrogen to support the utility's decarbonization goals.
  • Because combustion of hydrogen emits only water, blending hydrogen with natural gas reduces the greenhouse gas intensity of the natural gas stream.
  • Leveraging its existing industries and infrastructure, New Mexico has an opportunity to develop a world-class, clean hydrogen economy focusing on the production, use, and export of clean hydrogen.
  • Learn more at www.bayotech.us
    As the largest natural gas distribution utility in the state, New Mexico Gas Company serves more than 540,000 customers throughout New Mexico.

Emera Declares Quarterly Dividends

Retrieved on: 
Tuesday, October 12, 2021
Alternative Energy, Energy, Other Energy, Barbados Stock Exchange, Income Tax Act, Electricity, Board of directors, Carbon, Toronto Stock Exchange, Investment, Board, Section 50C of the Isle of Man Income Tax Act 1970, TSX, The Bahamas, EMA, Bahamas Securities Exchange, Legislation, Security (finance), Transformer

Emera Inc. hereby notifies the shareholders of its common shares and its First Preferred Shares that such dividends declared qualify as eligible dividends pursuant to the Income Tax Act (Canada) and corresponding provincial legislation.

Key Points: 
  • Emera Inc. hereby notifies the shareholders of its common shares and its First Preferred Shares that such dividends declared qualify as eligible dividends pursuant to the Income Tax Act (Canada) and corresponding provincial legislation.
  • Emera Inc. is a geographically diverse energy and services company headquartered in Halifax, Nova Scotia, with approximately $31 billion in assets and 2020 revenues of more than $5.5 billion.
  • Emera has investments in Canada, the United States and in four Caribbean countries.
  • Depositary receipts representing common shares of Emera are listed on the Barbados Stock Exchange under the symbol EMABDR and on The Bahamas International Securities Exchange under the symbol EMAB.

Emera Announces Upsizing of Previously Announced Offering of Preferred Shares

Retrieved on: 
Wednesday, September 15, 2021
NOT, Investment, Toronto Stock Exchange, Electricity, Risk, SEDAR, Barbados Stock Exchange, FOR, Company, Carbon, EMA, Bahamas Securities Exchange, GLOBE, Mission statement, TD, TSX, The Bahamas, Sale, News, Security (finance)

HALIFAX, Nova Scotia, Sept. 15, 2021 (GLOBE NEWSWIRE) -- Emera Incorporated (“Emera” or the “Company”) (TSX:EMA) announced today that it has agreed to increase the size of its previously announced offering and issue 9,000,000 Cumulative Redeemable First Preferred Shares, Series L (the “Series L Preferred Shares”) at a price of $25.00 per share for aggregate gross proceeds of $225,000,000 on a bought deal basis to a syndicate of underwriters in Canada led by TD Securities Inc. and CIBC Capital Markets.

Key Points: 
  • The Series L Preferred Shares will not be redeemable by the Company prior to November 15, 2026.
  • The Series L Preferred Shares do not have a fixed maturity date and are not redeemable at the option of the holders of Series L Preferred Shares.
  • including statements concerning the anticipated sale and distribution of preferred shares, the volume and timing of the sale and distribution of preferred shares and Emeras intended use of the net proceeds of the offering of preferred shares.
  • These statements reflect Emera managements current beliefs and are based on information currently available to Emera management.

Emera Announces Offering of $150 Million of Preferred Shares

Retrieved on: 
Wednesday, September 15, 2021
NOT, Investment, Toronto Stock Exchange, Electricity, Risk, SEDAR, Barbados Stock Exchange, FOR, Company, Carbon, EMA, Bahamas Securities Exchange, GLOBE, Mission statement, TD, TSX, The Bahamas, Sale, News, Security (finance)

HALIFAX, Nova Scotia, Sept. 15, 2021 (GLOBE NEWSWIRE) -- Emera Incorporated (“Emera” or the “Company”) (TSX:EMA) announced today that it will issue 6,000,000 Cumulative Redeemable First Preferred Shares, Series L (the “Series L Preferred Shares”) at a price of $25.00 per share for aggregate gross proceeds of $150 million on a bought deal basis to a syndicate of underwriters in Canada led by TD Securities Inc. and CIBC Capital Markets. Emera has granted to the underwriters an option, exercisable at any time up to two business days prior to the closing of the offering, to purchase up to an additional 2,000,000 Series L Preferred Shares at a price of $25.00 per share (the “Underwriters’ Option”). If the Underwriters’ Option is exercised in full, the aggregate gross proceeds to Emera will be $200 million.

Key Points: 
  • If the Underwriters Option is exercised in full, the aggregate gross proceeds to Emera will be $200 million.
  • The Series L Preferred Shares will not be redeemable by the Company prior to November 15, 2026.
  • The Series L Preferred Shares do not have a fixed maturity date and are not redeemable at the option of the holders of Series L Preferred Shares.
  • including statements concerning the anticipated sale and distribution of preferred shares, the volume and timing of the sale and distribution of preferred shares and Emeras intended use of the net proceeds of the offering of preferred shares.

Tampa Electric Reaches Unanimous Settlement Agreement in Rate Case

Retrieved on: 
Friday, August 6, 2021
Energy, Utilities, Oil, Gas, TECO Energy, Efficiency, EMA, The Bahamas, CEO, Carbon, Climate change, PSC, Toronto Stock Exchange, Bahamas Securities Exchange, Â, Walmart, Big Bend, Barbados Stock Exchange, Electricity, Retirement, Florida Public Service Commission, Investment, ROE, Public Counsel, Face, Renewable energy, Cryptocurrency

Emeras largest operating company, Tampa Electric has filed a settlement agreement for its rate request with the Florida Public Service Commission (Florida PSC).

Key Points: 
  • Emeras largest operating company, Tampa Electric has filed a settlement agreement for its rate request with the Florida Public Service Commission (Florida PSC).
  • This settlement agreement is the latest of three rate case settlements at Emeras US utilities and demonstrates the strength of Emeras teams and strategy as well as Emeras ability to work collaboratively with stakeholders to reach mutually beneficial outcomes.
  • This settlement further cements the transformation that is occurring at Tampa Electric and it represents a fair and amicable resolution to our request for increased rates, said Archie Collins, President and CEO of Tampa Electric.
  • Tampa Electric filed its rate request in April 2021 originally requesting approximately $423M USD in additional base rate revenue over the three years plus a separate asset recovery of $29M USD.