Emera Incorporated (ERRAF) Research

Emera Incorporated is a multifaceted energy and utilities firm that, through its various operating units, is actively involved in the generation, transmission, and delivery of electricity to a wide range of consumers. Its business operations are structured into several distinct segments: Florida Electric Utility, Canadian Electric Utilities, Other Electric Utilities, Gas Utilities and Infrastructure, and an "Other" category. The company's power generation capabilities are diverse, drawing from coal, natural gas, oil, hydroelectric, wind, solar, petroleum coke, and biomass-fueled facilities. Beyond electricity, Emera also handles the acquisition, transport, distribution, and retail of natural gas. Additionally, it offers services encompassing energy marketing, trading, and comprehensive energy asset management. A significant part of its infrastructure includes a 145-kilometer pipeline, facilitating the movement of re-gasified liquefied natural gas from Saint John, New Brunswick, to markets in the northeastern United States. By the end of 2021, specifically December 31st, Emera's electric utility services reached approximately 810,600 customers in West Central Florida, 536,000 in Nova Scotia, 132,000 on Barbados, 19,000 on Grand Bahama Island, and 35,700 on Dominica. Concurrently, its gas utilities and infrastructure served around 445,000 customers across Florida and 542,000 in New Mexico. The corporation also extends insurance and reinsurance coverage to itself and its associated entities, alongside providing financing solutions. Emera was founded in 1998 and has its corporate headquarters situated in Halifax, Canada.

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