Description

Emera Incorporated, an energy and utilities company established in 1998 and headquartered in Halifax, Canada, delivers a broad spectrum of energy services. Its primary activities encompass the production, transmission, and supply of electricity to diverse consumers. The firm's power generation capabilities are extensive, utilizing a mix of coal, natural gas, oil, hydro, wind, solar, petroleum coke, and biomass-fueled facilities. Beyond electricity, Emera actively participates in the natural gas market, overseeing its procurement, transport, distribution, and sale. The company also offers specialized services in energy marketing, trading, and asset management. A significant piece of its infrastructure includes a 145-kilometer pipeline that moves re-gasified liquefied natural gas from Saint John, New Brunswick, to clients in the northeastern United States. Emera's operations are structured into several key segments: Florida Electric Utility, Canadian Electric Utilities, Other Electric Utilities, Gas Utilities and Infrastructure, and an "Other" category. As of December 31, 2021, its electric utilities were serving approximately 810,600 customers in West Central Florida, 536,000 in Nova Scotia, 132,000 on the island of Barbados, 19,000 on Grand Bahama Island, and 35,700 on the island of Dominica. Furthermore, its gas utilities and infrastructure segment catered to roughly 445,000 customers across Florida and 542,000 customers in New Mexico. The company also provides internal insurance, reinsurance, and financing services to itself and its affiliated entities.