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EMA 47.25 -0.01 (-0.02%)
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Emera Inc. to purchase TECO Energy for $10.4B US
The parent company of Nova Scotia Power, Emera, is acquiring U.S. energy company TECO for $10.4 billion US. The deal has been approved by TECO's board of directors and is expected to close by mid-2016, once it has been cleared with federal regulators ...
Emera Makes $6.5 Billion Bet on US Power Markets in Teco Deal  Bloomberg
Emera Inc upgraded on Teco Energy deal
Emera Inc.'s acquisition of Teco Energy Inc. adds size, expertise and, perhaps most importantly, a new growth platform for the Canadian energy utility.
Emera Inc. Sells 12.9 Million Common Shares of Algonquin Power & Utilities Corp.
Emera Inc. ("Emera") (TSX:EMA) today announced that it has agreed to sell all of its approximately 12.9 million common shares ("Common Shares") of Algonquin Power & Utilities Corp.
Emera Inc. Sells 50.1 Million Common Shares of Algonquin Power & Utilities Corp.
Emera Inc. (Emera) (TSX:EMA) and Algonquin Power & Utilities Corp. (APUC) (TSX:AQN) today announced that Emera has agreed to sell 50.1 million common shares of APUC ("Common Shares"), representing approximately 19.3% of the issued and ...
Is Emera Inc. a Good Income Investment for Your Portfolio Today?
Emera Inc. (TSX:EMA) is a utility based in Halifax, Nova Scotia. It has assets throughout North America and in four Caribbean countries.
A 'transformational' year for Emera, with more to come
For Halifax-based Emera Inc. it's been a year of milestones: It completed a major U.S. acquisition that effectively doubled its size; it established a plan to spend about $8.3 billion on capital investments over the next four years, decisions that will ...
Is Fortis Inc. or Emera Inc. the Better Buy Today?
Fortis Inc. (TSX:FTS) and Emera Inc. (TSX:EMA) are two of North America's largest electric and gas utilities companies, and both of their stocks represent very attractive long-term investment opportunities today.
Emera's model: Customer value leads to shareholder value
In less than two months, the largest acquisition by Halifax-based Emera Inc. - a US$10.4 billion transaction to purchase TECO Energy, a regulated utility with operations in New Mexico and Florida - is expected to close.
Emera Inc. Is Unloading its Stake in Algonquin Power & Utilities Corp.
On May 17, shares of Algonquin Power & Utilities Corp. (TSX:AQN) were halted based on major impending news. Emera Inc. (TSX:EMA) decided to sell 50.1 million shares in a previously negotiated deal for $10.85 per share.
Emera CEO's pay surpasses $5M in 'transformational' 2016
Emera Inc. CEO Chris Huskilson saw his total compensation jump by $710,000 last year, up 16 per cent to more than $5 million.