Emera Incorporated (EMRAF) Research

Emera Incorporated operates as a comprehensive energy and services enterprise, primarily focused on generating, transmitting, and distributing electrical power to a broad customer base through its extensive network of subsidiaries. Its diversified operations are categorized into distinct segments: Florida Electric Utility, Canadian Electric Utilities, Other Electric Utilities, Gas Utilities and Infrastructure, and additional 'Other' activities. Electricity is produced from a varied array of sources, encompassing coal, natural gas, oil, hydroelectric, wind, solar, petroleum coke, and biomass-fueled facilities. Beyond electricity, Emera is actively engaged in the procurement, transport, distribution, and retail of natural gas, while also delivering specialized services in energy market strategy, trading, and asset portfolio management. A key infrastructure asset includes a 145-kilometer pipeline responsible for conveying re-gasified liquefied natural gas from Saint John, New Brunswick, to consumers across the northeastern United States. By the close of 2021, Emera's electric utilities provided power to a significant customer base, including approximately 810,600 in West Central Florida, 536,000 in Nova Scotia, 132,000 in Barbados, 19,000 on Grand Bahama Island, and 35,700 on Dominica. Concurrently, its gas utilities and infrastructure segments catered to roughly 445,000 customers throughout Florida and 542,000 in New Mexico. Furthermore, the company extends its offerings to include insurance and reinsurance solutions for itself and its affiliated entities, alongside various financing provisions. Established in 1998, Emera maintains its corporate headquarters in Halifax, Canada.

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