Emera Incorporated (EMRAF) 37.5347 $EMRAF
Emera Approves a 10% Increase in Common Dividend and Extends Dividend Growth Target
BusinessWire - Mon Jul 04, 6:30AM CDT
Emera Inc. ("Emera"
(TSX:EMA) today announced that its Board of Directors has approved a 10% increase in its annual common share dividend to $2.09 from $1.90, and extended its 8% annual dividend growth target through to 2020 (from 2019). The approval of the next quarterly dividend at the increased rate is expected on July 8, 2016.
EMA.TO: 49.02 (-0.54)
Final Payment on Emera's Convertible Debentures Represented by Instalment Receipts Due by August 2, 2016
BusinessWire - Wed Jun 29, 7:29AM CDT
Emera Inc. ("Emera" (TSX:EMA) today announced that as all conditions precedent to completing the acquisition of TECO Energy have been fulfilled other than customary closing conditions and the acquisition is expected to close on or about July 1, 2016, it has issued the final instalment notice (the "Final Instalment Notice" in respect of its 4.00% convertible unsecured subordinated debentures ("Debentures" represented by instalment receipts ("Instalment Receipts". The Final Instalment Notice provides that, among other things: (i) payment of the final instalment ($667 per $1,000 principal amount of Debentures) is due by August 2, 2016 (the "Final Instalment Date"; (ii) holders of Debentures will receive accrued and unpaid interest of $8.7671 per $1,000 principal amount of Debentures; (iii) holders of Debentures who have paid the final instalment on or before the Final Instalment Date will also receive a make-whole payment of $6.0822 per $1,000 principal amount of Debentures, representing the interest that would have accrued from the day following the Final Instalment Date to and including September 28, 2016; and (iv) concurrently with or at any time after the Final Instalment Date, holders of fully paid Debentures will have the right to convert their Debentures into Emera common shares at a conversion price of $41.85 per common share. Emera will issue up to 52,210,274 common shares on conversion of the outstanding Debentures. On the day following the Final Instalment Date, the interest rate payable on the Debentures will fall to an annual rate of 0% and interest will cease to accrue on the Debentures. Emera expects the Instalment Receipts to be delisted from the Toronto Stock Exchange (the "TSX" on or about the Final Instalment Date. The Debentures are not and will not be listed on the TSX.
TE: 27.64 (-0.01), EMA.TO: 49.02 (-0.54)
Albemarle and Fortive Set to Join the S&P 500; EMCOR to Join S&P MidCap 400; Inteliquent to Join S&P SmallCap 600
PR Newswire - Thu Jun 23, 4:46PM CDT
S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices:
SPGI: 108.87 (+1.56), TE: 27.64 (-0.01), IQNT: 19.85 (+0.45), EMA.TO: 49.02 (-0.54), ALB: 83.58 (+2.26), TRP.TO: 60.30 (+0.23), DHR: 80.86 (+0.16), CPGX: 25.49 (+0.01), EME: 50.93 (+1.23), FTV: 50.20 (+2.46)
TECO Energy Declares Pro-Rated Dividend
BusinessWire - Wed Jun 22, 2:32PM CDT
In preparation for the expected closing of the merger of TECO Energy, Inc. (NYSE: TE) with Emera US Inc., a wholly owned indirect subsidiary of Emera Incorporated (TSX: EMA), in accordance with the agreement and plan of merger among TECO Energy, Emera US Inc. and Emera Incorporated, the board of directors of TECO Energy today declared a special pro-rated dividend at the current rate until the closing of the merger. The New Mexico Public Regulation Commission voted unanimously to approve the merger at its meeting on June 22, 2016. TECO Energy and Emera are awaiting the filing of the NMPRC's written order. That filing will complete the final required regulatory approval and accordingly, all conditions precedent to completing the merger will have been fulfilled other than the customary closing conditions. Closing is expected to occur on or about July 1, 2016.
TE: 27.64 (-0.01), EMA.TO: 49.02 (-0.54)
Emera Acquisition of TECO Energy Approved by New Mexico Public Regulation Commission
BusinessWire - Wed Jun 22, 1:33PM CDT
Emera Inc. ("Emera" (TSX: EMA) and TECO Energy, Inc. ("TECO Energy" (NYSE:TE) today announced that the New Mexico Public Regulation Commission ("NMPRC" voted unanimously to approve a Final Order authorizing, among other things, Emera's proposed acquisition of TECO Energy and the indirect acquisition of New Mexico Gas Company, Inc. ("NMGC" ("Acquisition".
TE: 27.64 (-0.01), EMA.TO: 49.02 (-0.54)
Emera Incorporated Announces the Closing of the Offering of US$1.2 Billion 6.75% Fixed-to-Floating Subordinated Notes, Cdn$500 Million 2.90% Senior Notes and US$3.25 Billion Aggregate Principal Amount of Multiple Series of Senior Notes
BusinessWire - Thu Jun 16, 10:36AM CDT
--Emera Incorporated announces the closing of the offering of US$1.2 billion 6.75% Fixed-to-Floating Subordinated Notes, Cdn$500 million 2.90% Senior Notes and US$3.25 billion aggregate principal amount of multiple series of Senior Notes as part of the funding for the acquisition of TECO Energy, Inc.
TE: 27.64 (-0.01), JPM: 61.83 (+1.25), EMA.TO: 49.02 (-0.54)
Emera Incorporated announces offering of US$1.2 billion 6.75% Fixed-to-Floating Subordinated Notes, Cdn$500 million 2.90% Senior Notes and US$3.25 billion aggregate principal amount of multiple series of Senior Notes...
BusinessWire - Fri Jun 10, 5:01AM CDT
Emera Incorporated announces offering of US$1.2 billion 6.75% Fixed-to-Floating Subordinated Notes, Cdn$500 million 2.90% Senior Notes and US$3.25 billion aggregate principal amount of multiple series of Senior Notes as part of the funding for the acquisition of TECO Energy, Inc.
EMA.TO: 49.02 (-0.54)
New Mexico Hearing Examiner Issues Certification Of Stipulation in Support of Emera's Proposed Acquisition of TECO Energy
BusinessWire - Thu Jun 09, 6:47AM CDT
Emera Inc. ("Emera" (TSX:EMA) and TECO Energy, Inc. ("TECO Energy" (NYSE:TE) today announced that the New Mexico Public Regulation Commission ("NMPRC" Hearing Examiner has issued the Certification of Stipulation to the NMPRC concerning the approval of Emera's proposed acquisition of TECO Energy and the indirect acquisition of New Mexico Gas Co ("NMGC" ("Acquisition". The Hearing Examiner recommends that the NMPRC adopt the Certification of Stipulation in support of the Acquisition, and states that the Acquisition is in the public interest and has quantifiable and unquantifiable benefits to NMGC customers.
TE: 27.64 (-0.01), EMA.TO: 49.02 (-0.54)
Emera Incorporated Announces Filing of Preliminary Base Shelf Prospectus and Registration Statement and Separate US$ and CDN$ Offerings of Senior Unsecured Notes as Part of the Funding for the Acquisition of TECO Energy, Inc.
BusinessWire - Wed Jun 01, 10:32AM CDT
Emera Incorporated ("Emera" or the "Company" (TSX: EMA) announced today that in connection with the proposed offering of unsecured, subordinated notes (the "Hybrid Notes" of Emera, it has filed a preliminary short form base shelf prospectus (the "Base Shelf" with the Nova Scotia Securities Commission (the "NSSC" under the United States / Canada Multijurisdictional Disclosure System and a corresponding shelf registration statement (the "Registration Statement" with the United States Securities and Exchange Commission (the "SEC" on Form F-10.
TE: 27.64 (-0.01), EMA.TO: 49.02 (-0.54)
Emera Announces Election of Directors
BusinessWire - Wed May 18, 7:36AM CDT
Emera (TSX:EMA) announced that all of the nominees listed in the management information circular dated March 17, 2016 were elected as directors of Emera Inc. The detailed results of the vote for the election of directors held at its Annual and Special Meeting of Shareholders on May 17, 2016 in Toronto, Ontario, are set out below.
EMA.TO: 49.02 (-0.54)
Emera Acquisition of TECO Energy Hearing Moved Earlier
BusinessWire - Wed Apr 20, 8:05AM CDT
Emera Inc. ("Emera" (TSX: EMA) and TECO Energy, Inc. ("TECO Energy" (NYSE: TE) today announced that the New Mexico Public Regulation Commission ("NMPRC" Hearing Examiner has issued an order moving the hearing date for Emera's acquisition of TECO Energy and the indirect acquisition of New Mexico Gas Company from May 23, 2016 to May 2, 2016. An unopposed Settlement Agreement was filed on April 11, 2016 and along with the filing, the parties also requested the hearing date be moved to early May. A more detailed schedule is available on NMPRC's website at www.nmprc.state.nm.us (Case No. 15-00327-UT).
TE: 27.64 (-0.01), EMA.TO: 49.02 (-0.54)
Fitch: Settlement Agreement in New Mexico a Positive Step Towards Approval of Emera-TECO Merger
BusinessWire - Wed Apr 13, 2:17PM CDT
Fitch Ratings views the settlement agreement reached this week between TECO Energy Inc. (TECO, 'BBB', Emera, Inc. (Emera) and New Mexican intervenors as a positive step toward approval of Emera's acquisition of TECO. The terms of the agreement are consistent with Fitch's previous expectations and carry no impact on TECO's ratings or those of its regulated utility subsidiary Tampa Electric Company (Tampa Electric, 'BBB+'.
TE: 27.64 (-0.01)
Emera Approves Quarterly Dividends
BusinessWire - Fri Apr 08, 8:19AM CDT
On April 8, 2016 the Board of Directors of Emera Inc. (TSX: EMA, EMA.PR.A, EMA.PR.B, EMA.PR.C, EMA.PR.E, and EMA.PR.F) approved a quarterly dividend of $0.475 per common share payable on and after May 16, 2016 to common shareholders of record at the close of business on May 2, 2016; a quarterly dividend of $0.1597 per Series A First Preferred Share payable on and after May 16, 2016 to Series A First Preferred shareholders of record at the close of business on May 2, 2016; a quarterly dividend of $0.1393 per Series B First Preferred Share payable on and after May 16, 2016 to Series B First Preferred shareholders of record at the close of business on May 2, 2016; a quarterly dividend of $0.25625 per Series C First Preferred Share payable on and after May 16, 2016 to Series C First Preferred shareholders of record at the close of business on May 2, 2016; a quarterly dividend of $0.28125 per Series E First Preferred Share payable on and after May 16, 2016 to Series E First Preferred shareholders of record at the close of business on May 2, 2016; and a quarterly dividend of $0.265625 per Series F First Preferred Share payable on and after May 16, 2016 to Series F First Preferred shareholders of record at the close of business on May 2, 2016.
EMA.TO: 49.02 (-0.54)
Emera Announces Completion of CFIUS Review for TECO Energy Acquisition
BusinessWire - Wed Mar 23, 5:54PM CDT
Emera Inc. ("Emera" (TSX: EMA) today announced the Committee on Foreign Investment in the United States ("CFIUS" has completed its review of the acquisition of TECO Energy (NYSE:TE) by Emera ("Acquisition" and has determined that there are no unresolved national security concerns with respect to the Acquisition. Completion of the review by CFIUS was one of the Acquisition closing conditions.
TE: 27.64 (-0.01), EMA.TO: 49.02 (-0.54)
CENTRAL MAINE POWER & EMERA MAINE SUBMIT JOINT CLEAN ENERGY PROPOSAL TO NEW ENGLAND STATES
GlobeNewswire - Fri Jan 29, 11:20AM CST
Central Maine Power (CMP) and Emera Maine announced today that the two companies have submitted a joint proposal to deliver enough clean energy to power at least a quarter-million homes in Connecticut, Massachusetts, and Rhode Island. The Maine Renewable Energy Interconnect (MREI) is a cost-effective solution to southern New England's clean energy needs backed by two of the region's leading utilities with the resources and proven ability to deliver the project on time and at a competitive, fixed cost.
AGR: 45.88 (+0.30)
Emera Announces Transaction to Acquire All Remaining Outstanding Shares of Emera (Caribbean) Inc.
BusinessWire - Mon Jan 25, 4:00PM CST
--Holders of Common Shares can elect to receive BB$33.30 cash or 2.100 Emera depositary receipts ("DRs" per Common Share or a combination of cash and DRs. Each DR initially represents an interest in one quarter of an Emera common share. DRs give Barbadians the ability to invest in the growth and success of Emera.
EMA.TO: 49.02 (-0.54)
Emera Acquisition of TECO Energy Approved by FERC
BusinessWire - Thu Jan 21, 6:00AM CST
Emera Inc. ("Emera" (TSX:EMA) today announced that the Federal Energy Regulatory Commission ("FERC" has approved the acquisition of TECO Energy Inc. ("TECO Energy" (NYSE:TE), finding the transaction is consistent with the public interest.
TE: 27.64 (-0.01), EMA.TO: 49.02 (-0.54)
Emera Announces Executive Team Changes
BusinessWire - Fri Jan 15, 6:00AM CST
Chris Huskilson, President and CEO of Emera Inc. (EMA:TSX) today announced two important changes to Emera's executive team.
EMA.TO: 49.02 (-0.54)
Emera Announces Closing of Offer to Purchase Outstanding Shares of Emera (Caribbean) Inc.
BusinessWire - Thu Dec 17, 7:13AM CST
Emera Inc. ("Emera" (TSX: EMA) and Emera (Caribbean) Inc. ("ECI" (BSE: ECI) today announced that Emera (Barbados) Holdings No. 2 Inc. (the "Offeror", a wholly-owned subsidiary of Emera, will take up and pay for all of the common shares of ECI (the "ECI Shares" validly deposited and not validly withdrawn from its offer to purchase all of the ECI Shares not already owned by the Offeror (the "Offer".
EMA.TO: 49.02 (-0.54)
Emera Approves a 10% Increase in Common Dividend and Extends Dividend Growth Target
BusinessWire - Mon Jul 04, 6:30AM CDT
Emera Inc. ("Emera"
(TSX:EMA) today announced that its Board of Directors has approved a 10% increase in its annual common share dividend to $2.09 from $1.90, and extended its 8% annual dividend growth target through to 2020 (from 2019). The approval of the next quarterly dividend at the increased rate is expected on July 8, 2016. EMA.TO: 49.02 (-0.54)
Final Payment on Emera's Convertible Debentures Represented by Instalment Receipts Due by August 2, 2016
BusinessWire - Wed Jun 29, 7:29AM CDT
Emera Inc. ("Emera"
(TSX:EMA) today announced that as all conditions precedent to completing the acquisition of TECO Energy have been fulfilled other than customary closing conditions and the acquisition is expected to close on or about July 1, 2016, it has issued the final instalment notice (the "Final Instalment Notice" in respect of its 4.00% convertible unsecured subordinated debentures ("Debentures" represented by instalment receipts ("Instalment Receipts". The Final Instalment Notice provides that, among other things: (i) payment of the final instalment ($667 per $1,000 principal amount of Debentures) is due by August 2, 2016 (the "Final Instalment Date"; (ii) holders of Debentures will receive accrued and unpaid interest of $8.7671 per $1,000 principal amount of Debentures; (iii) holders of Debentures who have paid the final instalment on or before the Final Instalment Date will also receive a make-whole payment of $6.0822 per $1,000 principal amount of Debentures, representing the interest that would have accrued from the day following the Final Instalment Date to and including September 28, 2016; and (iv) concurrently with or at any time after the Final Instalment Date, holders of fully paid Debentures will have the right to convert their Debentures into Emera common shares at a conversion price of $41.85 per common share. Emera will issue up to 52,210,274 common shares on conversion of the outstanding Debentures. On the day following the Final Instalment Date, the interest rate payable on the Debentures will fall to an annual rate of 0% and interest will cease to accrue on the Debentures. Emera expects the Instalment Receipts to be delisted from the Toronto Stock Exchange (the "TSX" on or about the Final Instalment Date. The Debentures are not and will not be listed on the TSX. TE: 27.64 (-0.01), EMA.TO: 49.02 (-0.54)
Albemarle and Fortive Set to Join the S&P 500; EMCOR to Join S&P MidCap 400; Inteliquent to Join S&P SmallCap 600
PR Newswire - Thu Jun 23, 4:46PM CDT
S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices:
SPGI: 108.87 (+1.56), TE: 27.64 (-0.01), IQNT: 19.85 (+0.45), EMA.TO: 49.02 (-0.54), ALB: 83.58 (+2.26), TRP.TO: 60.30 (+0.23), DHR: 80.86 (+0.16), CPGX: 25.49 (+0.01), EME: 50.93 (+1.23), FTV: 50.20 (+2.46)
TECO Energy Declares Pro-Rated Dividend
BusinessWire - Wed Jun 22, 2:32PM CDT
In preparation for the expected closing of the merger of TECO Energy, Inc. (NYSE: TE) with Emera US Inc., a wholly owned indirect subsidiary of Emera Incorporated (TSX: EMA), in accordance with the agreement and plan of merger among TECO Energy, Emera US Inc. and Emera Incorporated, the board of directors of TECO Energy today declared a special pro-rated dividend at the current rate until the closing of the merger. The New Mexico Public Regulation Commission voted unanimously to approve the merger at its meeting on June 22, 2016. TECO Energy and Emera are awaiting the filing of the NMPRC's written order. That filing will complete the final required regulatory approval and accordingly, all conditions precedent to completing the merger will have been fulfilled other than the customary closing conditions. Closing is expected to occur on or about July 1, 2016.
TE: 27.64 (-0.01), EMA.TO: 49.02 (-0.54)
Emera Acquisition of TECO Energy Approved by New Mexico Public Regulation Commission
BusinessWire - Wed Jun 22, 1:33PM CDT
Emera Inc. ("Emera"
(TSX: EMA) and TECO Energy, Inc. ("TECO Energy" (NYSE:TE) today announced that the New Mexico Public Regulation Commission ("NMPRC" voted unanimously to approve a Final Order authorizing, among other things, Emera's proposed acquisition of TECO Energy and the indirect acquisition of New Mexico Gas Company, Inc. ("NMGC" ("Acquisition". TE: 27.64 (-0.01), EMA.TO: 49.02 (-0.54)
Emera Incorporated Announces the Closing of the Offering of US$1.2 Billion 6.75% Fixed-to-Floating Subordinated Notes, Cdn$500 Million 2.90% Senior Notes and US$3.25 Billion Aggregate Principal Amount of Multiple Series of Senior Notes
BusinessWire - Thu Jun 16, 10:36AM CDT
--Emera Incorporated announces the closing of the offering of US$1.2 billion 6.75% Fixed-to-Floating Subordinated Notes, Cdn$500 million 2.90% Senior Notes and US$3.25 billion aggregate principal amount of multiple series of Senior Notes as part of the funding for the acquisition of TECO Energy, Inc.
TE: 27.64 (-0.01), JPM: 61.83 (+1.25), EMA.TO: 49.02 (-0.54)
Emera Incorporated announces offering of US$1.2 billion 6.75% Fixed-to-Floating Subordinated Notes, Cdn$500 million 2.90% Senior Notes and US$3.25 billion aggregate principal amount of multiple series of Senior Notes...
BusinessWire - Fri Jun 10, 5:01AM CDT
Emera Incorporated announces offering of US$1.2 billion 6.75% Fixed-to-Floating Subordinated Notes, Cdn$500 million 2.90% Senior Notes and US$3.25 billion aggregate principal amount of multiple series of Senior Notes as part of the funding for the acquisition of TECO Energy, Inc.
EMA.TO: 49.02 (-0.54)
New Mexico Hearing Examiner Issues Certification Of Stipulation in Support of Emera's Proposed Acquisition of TECO Energy
BusinessWire - Thu Jun 09, 6:47AM CDT
Emera Inc. ("Emera"
(TSX:EMA) and TECO Energy, Inc. ("TECO Energy" (NYSE:TE) today announced that the New Mexico Public Regulation Commission ("NMPRC" Hearing Examiner has issued the Certification of Stipulation to the NMPRC concerning the approval of Emera's proposed acquisition of TECO Energy and the indirect acquisition of New Mexico Gas Co ("NMGC" ("Acquisition". The Hearing Examiner recommends that the NMPRC adopt the Certification of Stipulation in support of the Acquisition, and states that the Acquisition is in the public interest and has quantifiable and unquantifiable benefits to NMGC customers. TE: 27.64 (-0.01), EMA.TO: 49.02 (-0.54)
Emera Incorporated Announces Filing of Preliminary Base Shelf Prospectus and Registration Statement and Separate US$ and CDN$ Offerings of Senior Unsecured Notes as Part of the Funding for the Acquisition of TECO Energy, Inc.
BusinessWire - Wed Jun 01, 10:32AM CDT
Emera Incorporated ("Emera" or the "Company"
(TSX: EMA) announced today that in connection with the proposed offering of unsecured, subordinated notes (the "Hybrid Notes" of Emera, it has filed a preliminary short form base shelf prospectus (the "Base Shelf" with the Nova Scotia Securities Commission (the "NSSC" under the United States / Canada Multijurisdictional Disclosure System and a corresponding shelf registration statement (the "Registration Statement" with the United States Securities and Exchange Commission (the "SEC" on Form F-10. TE: 27.64 (-0.01), EMA.TO: 49.02 (-0.54)
Emera Announces Election of Directors
BusinessWire - Wed May 18, 7:36AM CDT
Emera (TSX:EMA) announced that all of the nominees listed in the management information circular dated March 17, 2016 were elected as directors of Emera Inc. The detailed results of the vote for the election of directors held at its Annual and Special Meeting of Shareholders on May 17, 2016 in Toronto, Ontario, are set out below.
EMA.TO: 49.02 (-0.54)
Emera Acquisition of TECO Energy Hearing Moved Earlier
BusinessWire - Wed Apr 20, 8:05AM CDT
Emera Inc. ("Emera"
(TSX: EMA) and TECO Energy, Inc. ("TECO Energy" (NYSE: TE) today announced that the New Mexico Public Regulation Commission ("NMPRC" Hearing Examiner has issued an order moving the hearing date for Emera's acquisition of TECO Energy and the indirect acquisition of New Mexico Gas Company from May 23, 2016 to May 2, 2016. An unopposed Settlement Agreement was filed on April 11, 2016 and along with the filing, the parties also requested the hearing date be moved to early May. A more detailed schedule is available on NMPRC's website at www.nmprc.state.nm.us (Case No. 15-00327-UT). TE: 27.64 (-0.01), EMA.TO: 49.02 (-0.54)
Fitch: Settlement Agreement in New Mexico a Positive Step Towards Approval of Emera-TECO Merger
BusinessWire - Wed Apr 13, 2:17PM CDT
Fitch Ratings views the settlement agreement reached this week between TECO Energy Inc. (TECO, 'BBB'
, Emera, Inc. (Emera) and New Mexican intervenors as a positive step toward approval of Emera's acquisition of TECO. The terms of the agreement are consistent with Fitch's previous expectations and carry no impact on TECO's ratings or those of its regulated utility subsidiary Tampa Electric Company (Tampa Electric, 'BBB+'. TE: 27.64 (-0.01)
Emera Approves Quarterly Dividends
BusinessWire - Fri Apr 08, 8:19AM CDT
On April 8, 2016 the Board of Directors of Emera Inc. (TSX: EMA, EMA.PR.A, EMA.PR.B, EMA.PR.C, EMA.PR.E, and EMA.PR.F) approved a quarterly dividend of $0.475 per common share payable on and after May 16, 2016 to common shareholders of record at the close of business on May 2, 2016; a quarterly dividend of $0.1597 per Series A First Preferred Share payable on and after May 16, 2016 to Series A First Preferred shareholders of record at the close of business on May 2, 2016; a quarterly dividend of $0.1393 per Series B First Preferred Share payable on and after May 16, 2016 to Series B First Preferred shareholders of record at the close of business on May 2, 2016; a quarterly dividend of $0.25625 per Series C First Preferred Share payable on and after May 16, 2016 to Series C First Preferred shareholders of record at the close of business on May 2, 2016; a quarterly dividend of $0.28125 per Series E First Preferred Share payable on and after May 16, 2016 to Series E First Preferred shareholders of record at the close of business on May 2, 2016; and a quarterly dividend of $0.265625 per Series F First Preferred Share payable on and after May 16, 2016 to Series F First Preferred shareholders of record at the close of business on May 2, 2016.
EMA.TO: 49.02 (-0.54)
Emera Announces Completion of CFIUS Review for TECO Energy Acquisition
BusinessWire - Wed Mar 23, 5:54PM CDT
Emera Inc. ("Emera"
(TSX: EMA) today announced the Committee on Foreign Investment in the United States ("CFIUS" has completed its review of the acquisition of TECO Energy (NYSE:TE) by Emera ("Acquisition" and has determined that there are no unresolved national security concerns with respect to the Acquisition. Completion of the review by CFIUS was one of the Acquisition closing conditions. TE: 27.64 (-0.01), EMA.TO: 49.02 (-0.54)
CENTRAL MAINE POWER & EMERA MAINE SUBMIT JOINT CLEAN ENERGY PROPOSAL TO NEW ENGLAND STATES
GlobeNewswire - Fri Jan 29, 11:20AM CST
Central Maine Power (CMP) and Emera Maine announced today that the two companies have submitted a joint proposal to deliver enough clean energy to power at least a quarter-million homes in Connecticut, Massachusetts, and Rhode Island. The Maine Renewable Energy Interconnect (MREI) is a cost-effective solution to southern New England's clean energy needs backed by two of the region's leading utilities with the resources and proven ability to deliver the project on time and at a competitive, fixed cost.
AGR: 45.88 (+0.30)
Emera Announces Transaction to Acquire All Remaining Outstanding Shares of Emera (Caribbean) Inc.
BusinessWire - Mon Jan 25, 4:00PM CST
--Holders of Common Shares can elect to receive BB$33.30 cash or 2.100 Emera depositary receipts ("DRs"
per Common Share or a combination of cash and DRs. Each DR initially represents an interest in one quarter of an Emera common share. DRs give Barbadians the ability to invest in the growth and success of Emera. EMA.TO: 49.02 (-0.54)
Emera Acquisition of TECO Energy Approved by FERC
BusinessWire - Thu Jan 21, 6:00AM CST
Emera Inc. ("Emera"
(TSX:EMA) today announced that the Federal Energy Regulatory Commission ("FERC" has approved the acquisition of TECO Energy Inc. ("TECO Energy" (NYSE:TE), finding the transaction is consistent with the public interest. TE: 27.64 (-0.01), EMA.TO: 49.02 (-0.54)
Emera Announces Executive Team Changes
BusinessWire - Fri Jan 15, 6:00AM CST
Chris Huskilson, President and CEO of Emera Inc. (EMA:TSX) today announced two important changes to Emera's executive team.
EMA.TO: 49.02 (-0.54)
Emera Announces Closing of Offer to Purchase Outstanding Shares of Emera (Caribbean) Inc.
BusinessWire - Thu Dec 17, 7:13AM CST
Emera Inc. ("Emera"
(TSX: EMA) and Emera (Caribbean) Inc. ("ECI" (BSE: ECI) today announced that Emera (Barbados) Holdings No. 2 Inc. (the "Offeror", a wholly-owned subsidiary of Emera, will take up and pay for all of the common shares of ECI (the "ECI Shares" validly deposited and not validly withdrawn from its offer to purchase all of the ECI Shares not already owned by the Offeror (the "Offer". EMA.TO: 49.02 (-0.54)
