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Emera Incorporated (EMA.TO)

Toronto - Toronto Real-time price. Currency in CAD
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44.68+0.06 (+0.13%)
At close: 04:00PM EDT

Emera Incorporated

5151 Terminal Road
Halifax, NS B3J 1A1
Canada
902-450-0507
https://www.emera.com

Sector(s)Utilities
IndustryUtilities - Regulated Electric
Full-time employees7,366

Description

Emera Incorporated, through its subsidiaries, engages in the generation, transmission, and distribution of electricity to various customers. The company operates through Florida Electric Utility, Canadian Electric Utilities, Other Electric Utilities, Gas Utilities and Infrastructure, and Other segments. It generates electricity through natural gas, solar, hydroelectricity, coal, and biomass power plants. The company is also involved in the purchase, transmission, distribution, and sale of natural gas; and the provision of energy marketing, trading, and other energy asset management services. In addition, it transports re-gasified liquefied natural gas from Saint John, New Brunswick to consumers in the northeastern United States through its 145-kilometer pipeline. As of December 31, 2023, the company's electric utilities served approximately 840,000 customers in West Central Florida; 549,000 customers in Nova Scotia; 134,000 customers in the island of Barbados; 19,000 customers in the Grand Bahama Island; and gas utilities and infrastructure served approximately 490,000 customers across Florida and 540,000 customers in New Mexico. The company was incorporated in 1998 and is headquartered in Halifax, Canada.

Corporate governance

Emera Incorporated’s ISS governance QualityScore as of 1 June 2024 is 2. The pillar scores are Audit: 2; Board: 6; Shareholder rights: 6; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.