EMERA


Associated tags: Toronto Stock Exchange, Barbados Stock Exchange, EMA, Bahamas Securities Exchange, Inc., Electricity, The Bahamas, Carbon, Alternative Energy, Energy, TSX, Other Energy, TECO Energy, Dalhousie University, Risk management, Pharmaceutical industry, Income Tax Act, Section 50C of the Isle of Man Income Tax Act 1970, Legislation, SEDAR, Industrial group

Locations: NOVA SCOTIA, NORTH AMERICA

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

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 Declares Quarterly Dividends

Retrieved on: 
Tuesday, October 12, 2021

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.

Tampa Electric Reaches Unanimous Settlement Agreement in Rate Case

Retrieved on: 
Friday, August 6, 2021

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.

Emera Approves Quarterly Dividends

Retrieved on: 
Wednesday, January 13, 2021

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 $32 billion in assets and 2019 revenues of more than $6.1 billion.
  • Emera has investments throughout North America, 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 Reports 2020 Second Quarter Financial Results

Retrieved on: 
Wednesday, August 12, 2020

Lower contribution from Emera Maine as a result of the sale in Q1 2020 decreased earnings in both periods.

Key Points: 
  • Lower contribution from Emera Maine as a result of the sale in Q1 2020 decreased earnings in both periods.
  • Emera uses financial measures that do not have standardized meaning under USGAAP and may not be comparable to similar measures presented by other entities.
  • These statements reflect Emera managements current beliefs and are based on information currently available to Emera management.
  • The company will be hosting a teleconference today, Wednesday, August 12, 2020 at 9:30 a.m. Atlantic (8:30 a.m. Eastern) to discuss the Q2 2020 financial results.

Emera Approves Quarterly Dividends

Retrieved on: 
Wednesday, June 24, 2020

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 $34 billion in assets and 2019 revenues of more than $6.1 billion.
  • Emera has investments throughout North America, 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 Contributes $500,000 to the Stronger Together Nova Scotia Fund

Retrieved on: 
Friday, April 24, 2020

To support the individuals, families and communities impacted by the tragic violence resulting in the loss of 22 victims lives in our home province last weekend, Emera Inc. and its Atlantic regional operating companies Nova Scotia Power, Emera Energy, Emera Newfoundland and Labrador and Emera New Brunswick are contributing $500,000 to the Stronger Together Nova Scotia Fund.

Key Points: 
  • To support the individuals, families and communities impacted by the tragic violence resulting in the loss of 22 victims lives in our home province last weekend, Emera Inc. and its Atlantic regional operating companies Nova Scotia Power, Emera Energy, Emera Newfoundland and Labrador and Emera New Brunswick are contributing $500,000 to the Stronger Together Nova Scotia Fund.
  • We recognize the leadership of the Government of Nova Scotia and the Canadian Red Cross in establishing this important fund and enabling the opportunity to help.
  • Through the Stronger Together Nova Scotia Fund , the Canadian Red Cross will be working in partnership with the Government of Nova Scotia to support families and communities with immediate and long-term needs arising as a result of the tragedy, including resiliency and capacity building.
  • Emera Inc. is a geographically diverse energy and services company headquartered in Halifax, Nova Scotia, with approximately $32 billion in assets and 2019 revenues of more than $6.1 billion.