{ "schemaVersion": 1, "organisationId": "O-d17166fc10b24260a41accf2adaef657", "slug": "emera", "name": "EMERA INC", "updatedAt": "2026-09-28T14:29:01.268962Z", "sections": [ { "type": "OVERVIEW", "text": "Emera Inc. is a Halifax, Nova Scotia–based energy company whose core business is owning and operating regulated electric and natural gas utilities. Its operations are concentrated in Florida, with a presence in Atlantic Canada and the Caribbean. Emera states that its purpose is to deliver safe, clean and reliable energy to customers. [https://investors.emera.com/overview/default.aspx][https://www.emera.com/docs/librariesprovider3/2025-sr-reports/emera-2025-annual-report--english.pdf?sfvrsn=14806aa1_1]\n\nIn 2025, Emera reported approximately C$8.8 billion in revenue, 7,800 employees and 2.7 million customers. Its businesses span electricity generation and delivery, natural gas distribution, and related energy infrastructure. [https://www.emera.com/docs/librariesprovider3/2025-sr-reports/emera-2025-annual-report--english.pdf?sfvrsn=14806aa1_1]\n[https://investors.emera.com/overview/default.aspx][https://www.emera.com/docs/librariesprovider3/2025-sr-reports/emera-2025-annual-report--english.pdf?sfvrsn=14806aa1_1]", "updatedAt": "2026-09-28T14:29:01.268962Z" }, { "type": "PRODUCTS", "text": "Emera supplies electricity through Tampa Electric in Florida and Nova Scotia Power in Canada. Both utilities generate, transmit and distribute electricity; Tampa Electric’s generating portfolio includes more than 5,000 MW of capacity, including 600 MW of installed photovoltaic solar. Emera’s Caribbean utilities include Barbados Light & Power, which generates electricity from conventional fuels and solar power and purchases renewable electricity from independent producers, and Grand Bahama Power, which operates oil-fired generation. [https://www.sec.gov/Archives/edgar/data/1127248/000119312525032079/d886714dex991.htm][https://www.tampaelectric.com/49c52f/siteassets/files/mvc/mvcoverview.pdf][https://www.emeracaribbean.com/our-affiliates/blpc][https://gb-power.com/company/corporate-profile/]\n\nIts gas services include natural-gas distribution through Peoples Gas in Florida and New Mexico Gas Company, and natural-gas transmission through the Brunswick Pipeline. That pipeline is approximately 145 km long, with a 30-inch diameter and a stated capacity of about 1 billion cubic feet per day. Emera Newfoundland & Labrador’s Maritime Link provides electricity transmission between Newfoundland and Nova Scotia through a high-voltage direct-current connection rated at 500 MW. Emera Energy also undertakes energy marketing and trading. [https://www.sec.gov/Archives/edgar/data/1127248/000119312525032079/d886714dex991.htm][https://www.cer-rec.gc.ca/en/applications-hearings/view-applications-projects/archive/brunswick/emera-brunswick-pipeline-company-ltd-brunswick-pipeline-project-gh-1-2006.html][https://www.cer-rec.gc.ca/en/data-analysis/facilities-we-regulate/2016/group1-companies/natural-gas/canadas-pipeline-transportation-system-2016.html][https://www.emeranl.com/maritime-link/overview]\n[https://www.sec.gov/Archives/edgar/data/1127248/000119312525032079/d886714dex991.htm][https://www.tampaelectric.com/49c52f/siteassets/files/mvc/mvcoverview.pdf][https://www.emeracaribbean.com/our-affiliates/blpc][https://gb-power.com/company/corporate-profile/][https://www.cer-rec.gc.ca/en/applications-hearings/view-applications-projects/archive/brunswick/emera-brunswick-pipeline-company-ltd-brunswick-pipeline-project-gh-1-2006.html][https://www.cer-rec.gc.ca/en/data-analysis/facilities-we-regulate/2016/group1-companies/natural-gas/canadas-pipeline-transportation-system-2016.html][https://www.emeranl.com/maritime-link/overview][https://www.sec.gov/Archives/edgar/data/1127248/000119312525032079/d886714dex991.htm][https://www.tampaelectric.com/49c52f/siteassets/files/mvc/mvcoverview.pdf][https://www.emeracaribbean.com/our-affiliates/blpc][https://gb-power.com/company/corporate-profile/][https://www.cer-rec.gc.ca/en/applications-hearings/view-applications-projects/archive/brunswick/emera-brunswick-pipeline-company-ltd-brunswick-pipeline-project-gh-1-2006.html][https://www.cer-rec.gc.ca/en/data-analysis/facilities-we-regulate/2016/group1-companies/natural-gas/canadas-pipeline-transportation-system-2016.html][https://www.emeranl.com/maritime-link/overview]", "updatedAt": "2026-09-28T14:29:01.268962Z" }, { "type": "GEOGRAPHY", "text": "Emera is headquartered in Halifax, Nova Scotia, and operates in Canada, the United States and the Caribbean. Its Canadian operations include electric utilities and infrastructure in Nova Scotia, New Brunswick, and Newfoundland and Labrador. In the United States, its operations include electricity and natural gas utilities in Florida and a natural gas utility in New Mexico. Its Caribbean operations include Barbados and Grand Bahama. [https://s205.q4cdn.com/781121964/files/doc_financials/2025/ar/Emera-2025-Annual-Report-English.pdf][https://www.emera.com/docs/librariesprovider3/2024-publications/emera-2024-gri-sasb-table.pdf?sfvrsn=eb85749b_2]\n\nIn 2025, the Florida electric utility segment generated C$4.34 billion of Emera’s C$8.78 billion in external-customer revenue, or about 49%; the Canadian electric utilities segment generated C$1.94 billion, or about 22%. These are segment figures, not a complete country-by-country revenue split: the separately reported gas segment includes operations in more than one geography. [https://www.sec.gov/Archives/edgar/data/1127248/000119312526062876/R47.htm] Emera reported approximately 7,800 employees in 2025, without a geographic employee breakdown in its company overview. [https://s205.q4cdn.com/781121964/files/doc_financials/2025/ar/Emera-2025-Annual-Report-English.pdf]\n[https://s205.q4cdn.com/781121964/files/doc_financials/2025/ar/Emera-2025-Annual-Report-English.pdf][https://www.emera.com/docs/librariesprovider3/2024-publications/emera-2024-gri-sasb-table.pdf?sfvrsn=eb85749b_2][https://www.sec.gov/Archives/edgar/data/1127248/000119312526062876/R47.htm]", "updatedAt": "2026-09-28T14:29:01.268962Z" }, { "type": "SEGMENTS", "text": "Emera reports five business segments. **Florida Electric Utility** comprises Tampa Electric, a regulated electricity utility serving west-central Florida. **Canadian Electric Utilities** includes Nova Scotia Power and Emera Newfoundland & Labrador. **Gas Utilities and Infrastructure** covers natural-gas utilities and related infrastructure, while **Other Electric Utilities** encompasses electric utility operations in the Caribbean. **Other** captures activities outside those utility segments. [https://www.sec.gov/Archives/edgar/data/1127248/000119312525032079/R15.htm]\n\nBased on 2024 operating revenue, Florida Electric Utility contributed approximately **48%** of Emera’s C$7.2 billion consolidated total, Canadian Electric Utilities **26%**, Gas Utilities and Infrastructure **22%**, and Other Electric Utilities **8%**. Other and intersegment eliminations together were negative, offsetting roughly **4%** of consolidated revenue; the segment percentages therefore do not form a standalone 100% mix before that offset. [https://www.sec.gov/Archives/edgar/data/1127248/000119312525032079/R16.htm]\n[https://www.sec.gov/Archives/edgar/data/1127248/000119312525032079/R15.htm][https://www.sec.gov/Archives/edgar/data/1127248/000119312525032079/R16.htm][https://www.sec.gov/Archives/edgar/data/1127248/000119312525032079/R15.htm][https://www.sec.gov/Archives/edgar/data/1127248/000119312525032079/R16.htm]", "updatedAt": "2026-09-28T14:29:01.268962Z" }, { "type": "HISTORY", "text": "Emera’s roots lie in Nova Scotia Power, which was privatized in 1992. A holding company, initially named NS Power Holdings Incorporated, was incorporated in 1998 and adopted the Emera Inc. name in 2000. Emera expanded beyond Nova Scotia by acquiring Bangor Hydro-Electric in Maine in 2001, followed by investments in Caribbean utilities, including Grand Bahama Power in 2008 and Barbados Light & Power’s parent company in 2010. [https://nslegislature.ca/sites/default/files/legc/statutes%20HTML/nova%20scotia%20power%20privatization.htm][https://www.sec.gov/Archives/edgar/data/1127248/000089808002000066/formexb.txt][https://s25.q4cdn.com/978989322/files/doc_news/2000/07/a1b2c687-0f26-d846-e770-09635ed47606.pdf][https://www.sec.gov/Archives/edgar/data/9548/000000954801500012/bheem8ka.txt][https://investors.emera.com/news/news-details/2008/Emera-Acquires-25-of-Grand-Bahama-Power-Company-Limited/default.aspx][https://investors.emera.com/news/news-details/2010/Emera-to-Acquire-a-38-Interest-in-Light--Power-Holdings-Ltd/default.aspx]\n\nIn 2016, Emera completed its acquisition of TECO Energy, adding the Florida utilities Tampa Electric and Peoples Gas. Its Maritime Link electricity interconnector between Newfoundland and Nova Scotia entered service in 2018. Emera subsequently exited its Maine utility business, completing the sale of Emera Maine in 2020. [https://investors.emera.com/news/news-details/2016/Emera-Closes-Acquisition-of-TECO-Energy/default.aspx][https://new.abb.com/news/detail/5053/abb-commissions-historical-power-interconnector-in-canada][https://investors.emera.com/news/news-details/2020/Emera-Completes-Sale-of-Emera-Maine/default.aspx]\n[https://nslegislature.ca/sites/default/files/legc/statutes%20HTML/nova%20scotia%20power%20privatization.htm][https://www.sec.gov/Archives/edgar/data/1127248/000089808002000066/formexb.txt][https://s25.q4cdn.com/978989322/files/doc_news/2000/07/a1b2c687-0f26-d846-e770-09635ed47606.pdf][https://www.sec.gov/Archives/edgar/data/9548/000000954801500012/bheem8ka.txt][https://investors.emera.com/news/news-details/2008/Emera-Acquires-25-of-Grand-Bahama-Power-Company-Limited/default.aspx][https://investors.emera.com/news/news-details/2010/Emera-to-Acquire-a-38-Interest-in-Light--Power-Holdings-Ltd/default.aspx][https://investors.emera.com/news/news-details/2016/Emera-Closes-Acquisition-of-TECO-Energy/default.aspx][https://new.abb.com/news/detail/5053/abb-commissions-historical-power-interconnector-in-canada][https://investors.emera.com/news/news-details/2020/Emera-Completes-Sale-of-Emera-Maine/default.aspx]", 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