NS Power Holdings Now EMERA Inc.

subscribe

NS Power Holdings Inc. has changed its name to Emera Inc. It is now listed on the Toronto Stock Exchange and is trading under the symbol EMA. Before the name and symbol change, the Company had been trading under the symbol NSH.

"Our new name reflects the diversity of our energy business", said David Mann, President and Chief Executive Officer of Emera Inc. "Our subsidiary Nova Scotia Power is the principal electric utility in Nova Scotia. But now Emera is delivering much more than electricity, and our energy operations are serving customers well beyond Nova Scotia.

"We have expanded our energy product line to include heavy and light fuel oil, diesel and industrial lubricants," noted Mann. "Our investment in the Maritimes & Northeast Pipeline and the acquisition of Bangor Hydro-Electric Company extend Emera's business and customer base into New Brunswick and the northeastern United States. Our new name - a combination of energy, sea and era- will be the umbrella identity for our customers, employees and operations of our growing energy related interests."

Emera Inc. (EMA-TSE) is a diversified energy and services company, with 440,000 customers and $2.9 billion in assets. Its wholly-owned operating subsidiary, Nova Scotia Power Inc., is a regulated electric utility that supplies over 95% of the electric generation, transmission and distribution in Nova Scotia. Emera also delivers bunker oil, diesel fuel and light fuel oil through its unregulated subsidiaries, and has a 12.5 per cent interest in the Maritimes & Northeast Pipeline, which delivers Sable Island natural gas to markets in Maritime Canada and the northeastern United States. On June 30, 2000, Emera announced it will acquire all of the common shares of Bangor Hydro-Electric Company (NYSE:BGR), a regulated electric transmission and distribution business operating in Maine. The transaction is valued at approximately $305 million, and is subject to BGR shareholder, and regulatory approval.

Related News

miami-valley-expands-ev-infrastructure-with-24-new-chargers

Miami Valley Expands EV Infrastructure with 24 New Chargers

MIAMI - The Miami Valley region in Ohio is accelerating its transition to electric vehicles (EVs) with the installation of 24 new Level 2 EV chargers, funded through a $1.1 million project supported by the Ohio Environmental Protection Agency (EPA). This initiative aims to enhance EV accessibility and alleviate "range anxiety" among drivers.

Strategic Locations Across the Region

The newly installed chargers are strategically located in high-traffic areas to maximize their utility. Notable sites include Austin Landing, the Dayton Art Institute, the Oregon District, Caesar Creek State Park, and the Rose Music Center. These locations were selected to ensure that…

READ MORE
europe lockdown

Power Demand Seen Holding Firm In Europe’s Latest Lockdown

READ MORE

IAEA Reviews Belarus’ Nuclear Power Infrastructure Development

READ MORE

hospital ICU

Beating Covid Is All About Electricity

READ MORE

Canada expected to miss its 2035 clean electricity goals

READ MORE