Emera Inc. is a diversified energy and services company based in Halifax, Nova Scotia, with a portfolio spanning regulated electric and gas utilities, renewable energy assets and energy infrastructure. The company’s core operations include electricity generation, transmission and distribution, as well as natural gas distribution and storage. Emera serves a mix of residential, commercial and industrial customers across multiple jurisdictions, leveraging a regulated framework to provide reliable, cost-effective energy solutions.
In Canada and the United States, Emera’s holdings feature Nova Scotia Power, which delivers electricity to more than 500,000 customers in Nova Scotia, and TECO Energy’s subsidiaries, Tampa Electric Company and Peoples Gas, serving the Tampa Bay region of Florida. The company also owns New Mexico Gas Company, providing natural gas distribution to southern New Mexico, and the Portland Natural Gas Transmission System, a key midstream pipeline network in New England.
Beyond North America, Emera operates in the Caribbean through its subsidiary, Emera Caribbean, which encompasses regulated utilities in Barbados, St. Lucia and Dominica, as well as interests in Trinidad and Tobago. These operations supply electricity to island markets and invest in renewable energy projects, including solar and wind, aimed at reducing dependence on imported fossil fuels and enhancing grid resilience.
Since its formation in 1998 from the reorganization of Nova Scotia Power, Emera has grown through strategic acquisitions and partnerships, notably the 2016 acquisition of TECO Energy and the 2018 formation of Emera Caribbean. The company’s leadership, under President & Chief Executive Officer Scott Balfour and a board of directors with expertise in energy, finance and regulation, continues to focus on sustainable growth, regulatory excellence and customer service across its diverse geographic footprint.
AI Generated. May Contain Errors.
Free EMRAF Stock Alerts