Emera (company)
| Emera Inc. | |
|---|---|
| legal form | Inc. |
| ISIN | CA2908761018 |
| founding | 1998 |
| Seat |
Halifax , Nova Scotia , Canada
|
| management | Scott Balfour (President and CEO ) |
| Number of employees | 7400 |
| sales | 6.1 billion CAD (3.9 billion euros ) |
| Branch | power supply |
| Website | www.emera.com |
| As of December 31, 2019 | |
Emera is a Canadian utility based in Halifax .
The company generates more than half of its sales in Florida , where it operates through its subsidiaries Tampa Electric and Peoples Gas.
The company was founded in 1998 as a holding company for utility Nova Scotia Power , which was being privatized at the time. Due to its past as a state-owned company, restrictions to protect against foreign takeovers still apply. As a result, no foreign shareholder can dispose of more than 15% of the shares in the company. Before the regulation was relaxed, at least 75% of the shares had to be held by Canadians.
Individual evidence
- ↑ Emera: By the Numbers , accessed July 25, 2020
- ↑ a b Emera: 2019 Annual Report , accessed July 25, 2020
- ↑ CBC: Province moves to lift restriction on foreign ownership of Emera Inc. shares , accessed July 25, 2020