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.
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 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 ...
Slow and steady utility company Emera Inc. (TSX:EMA) has proven year after year that it knows how to beat the market. Since 2000 shares have grown by over 190%, dominating the TSX index return of just 14.8%.