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Emera Inc. (EMRAF)

Stock Price: $45.94 USD -0.30 (-0.65%)
Updated Jul 26, 2021 12:32 PM EDT - Market closed
Emera Inc.
Country Canada
Industry Utilities-Diversified
Sector Utilities
CEO Scott Carlyle Balfour

Contact Details

Address:Emera Place
Halifax, NS B3J
Canada
Phone 902 428 6096
Websiteemera.com

Stock Information

Ticker Symbol EMRAF
Exchange OTCMKTS
Fiscal Year January - December
Reporting Currency CAD
CIK Code 0001127248
CUSIP Number 290876101

Company Description

Emera Incorporated, an energy and services company, 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 coal-fired, natural gas and/or oil, hydro, wind, solar, petcoke, and biomass-fueled 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, 2020, the company's electric utilities served approximately 792,500 customers in West Central Florida; 529,000 customers in Nova Scotia; 131,000 customers in the island of Barbados; 19,000 customers in the Grand Bahama Island; and 34,000 customers in the island of Dominica, as well as gas utilities and infrastructure served approximately 426,000 customers across Florida and 540,000 customers in New Mexico.

It also provides insurance and reinsurance services to Emera and its affiliates, as well as offers financing services. The company was incorporated in 1998 and is headquartered in Halifax, Canada.

Key Executives

NamePosition
Scott Carlyle BalfourChief Executive Officer, President and Director
Gregory W. Blunden F.C.A., FCPAChief Financial Officer
Bruce A. MarchandChief Legal and Compliance Officer
Robert R. Bennett C.M.President and Chief Executive Officer of Emera Technologies Inc.
Scott LaFleurActing Manager, Investor Relations
Ken McOnieVice President of Investor Relations and Treasurer
Lisa MerrithewVice President of Communications and Corporate Affairs
R. Michael RobertsChief Human Resources Officer
Richard C. Janega P.Eng.Chief Operating Officer of Electric Utilities, Canada and Caribbean and Chief Executive Officer of Emera Newfoundland and Labrador
Daniel P. MuldoonExecutive Vice President of Project Development and Operations Support