Emera Incorporated

Emera Incorporated is a geographically diverse energy and services company headquartered in Halifax, Nova Scotia, Canada. Its core business involves investing in regulated electricity generation, transmission, and distribution, as well as gas transmission and utility energy services. The company's stated purpose is "Energizing modern life and delivering a cleaner energy future for all," with a strategic focus on transitioning from high-carbon to low-carbon energy sources.

Emera's key products and services include generating, purchasing, transmitting, and distributing electric power, along with procuring, transmitting, distributing, and selling natural gas. The company also engages in energy marketing and trading, and holds interests in pumped storage hydroelectric and other facilities. Emera operates through various segments, including Florida Electric Utility (Tampa Electric), Canadian Electric Utilities (Nova Scotia Power Inc., Emera Newfoundland & Labrador Holdings Inc.), Gas Utilities and Infrastructure (Peoples Gas System, Emera Brunswick Pipeline Company Limited, SeaCoast Gas Transmission, Maritimes & Northeast Pipeline), and Other Electric Utilities (Emera Caribbean Incorporated). It serves approximately 2.1 million customers across Canada, the United States, and the Caribbean.

In recent news, Emera completed the sale of New Mexico Gas Company in August 2026, a move that aligns with its ongoing portfolio optimization. The company also listed its common shares on the New York Stock Exchange (NYSE) in May 2025, expanding its access to global capital. Led by President & CEO Scott Balfour, Emera is strategically positioned as a North American provider of energy services, emphasizing a commitment to energy transition through decarbonization, decentralization, and digitalization. The company has outlined a $20 billion capital plan through 2030, targeting 7-8% rate base growth and 5-7% adjusted earnings per share (EPS) growth, driven by investments in its regulated utility businesses.