Emera
From Wikipedia, the free encyclopedia
| Type | Public |
|---|---|
| Headquarters | Halifax, Nova Scotia, Canada |
| Key people | Christopher G. Huskilson (CEO) |
| Industry | Electric Utilities |
| Employees | 2,194 (2008)[1] |
| Website | www.emera.com |
Emera Incorporated (TSX: EMA) is a Halifax, Nova Scotia based energy and services company with 570,000 customers.
It operates three utility subsidiaries:
- Nova Scotia Power
- Bangor Hydro Electric Company
- Saint Lucia Electricity Services Limited (Lucelec)
It also operates an energy investment company, Emera Energy, and a utility service contractor known as Cablecom.
Emera was created out of the privatization of the provincial Crown corporation Nova Scotia Power Incoporated (NSPI) in 1991. In 1999, NSPI was reorganized with the creation of Nova Scotia Power Holdings Inc. NSPI became a wholly-owned subsidiary of NSPHI, which began publicly trading on the Toronto Stock Exchange that year. In an effort to focus on growth outside the province of Nova Scotia, NSPHI was renamed Emera Incorporated in 2000. In 2001, Emera purchased Bangor Hydro Electric Company.
Through its Emera Energy division, Emera owns Brunswick Pipeline, a company which is currently planning construction of a natural gas pipeline across southern New Brunswick, and 12.9% of the Maritimes and Northeast Pipeline, a natural gas transport company in the Maritimes and northern New England.
[edit] References
- ^ "Company Profile for Emera Incorporated (CA;EMA)". http://zenobank.com/index.php?symbol=CA;EMA&page=quotesearch. Retrieved on 2008-10-08.

