Emera (company)

from Wikipedia, the free encyclopedia
Emera Inc.
legal form Inc.
ISIN CA2908761018
founding 1998
Seat Halifax , Nova Scotia , CanadaCanadaCanada 
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

  1. Emera: By the Numbers , accessed July 25, 2020
  2. a b Emera: 2019 Annual Report , accessed July 25, 2020
  3. CBC: Province moves to lift restriction on foreign ownership of Emera Inc. shares , accessed July 25, 2020