Emera Approves Quarterly Dividends
On June 23, 2020 the Board of Directors of Emera Inc. (TSX: EMA) approved quarterly dividends on its common shares and First Preferred Shares, each of which is payable on and after August 14, 2020 to the applicable shareholders of record at the close of business on July 31, 2020, as follows:
Emera Inc. Announces Election of Directors
Emera Inc. (TSX: EMA) announced that at its annual meeting of shareholders held on June 5, 2020, on a vote by ballot, each of the 11 nominees proposed as Directors and listed in its Management Information Circular dated April 21, 2020 were elected as Directors. The detailed results of the vote for the election of Directors are set out below.
Emera Appoints Rick Janega as Interim President & CEO of Nova Scotia Power Inc.
Emera (TSX:EMA) announced the appointment of Rick Janega as interim President and CEO of Nova Scotia Power Inc. (NSPI) effective June 1st, 2020. Current President and CEO, Wayne O'Connor is leaving the organization to pursue a new opportunity outside the province.
Emera Approves Quarterly Dividends
On April 3, 2020 the Board of Directors of Emera Inc. (TSX: EMA) approved quarterly dividends on its common shares and First Preferred Shares, each of which is payable on and after May 15, 2020 to the applicable shareholders of record at the close of business on May 1, 2020, as follows:
ENMAX completes purchase of Emera Maine
ENMAX Corporation (ENMAX) announced today that the transaction to purchase Emera Maine for $1,286 million CAD ($959 million USD) from Emera Inc. (TSX: EMA) has successfully closed. Including the assumed debt, aggregate enterprise value is $1.3 billion USD on closing. Emera Maine is a regulated electricity transmission and distribution utility in the state of Maine, servicing more than 159,000 customers.
Emera Completes Sale of Emera Maine
Emera Inc. ("Emera") (TSX:EMA) today announced that the transaction to sell Emera Maine, a regulated electric transmission and distribution company headquartered in Bangor, Maine, to ENMAX Corporation has closed. The sale of Emera Maine was originally announced on March 25, 2019.
ENMAX receives Maine Public Utilities approval for Emera Maine acquisition
Today, the Maine Public Utilities Commission (MPUC) issued their approval for the sale of Emera Maine, a regulated electricity transmission and distribution company in Maine, from Emera Inc. (TSX: EMA) to ENMAX Corporation. The MPUC's approval marks the sixth and final regulatory agency approval required to proceed with closing the acquisition.
Sale of Emera Maine Approved by the MPUC
Emera Inc. ("Emera") (TSX:EMA) today announced that the Commissioners of the Maine Public Utilities Commission ("MPUC") have voted unanimously to approve Emera's proposed sale of Emera Maine (the "Transaction") to ENMAX Corporation ("ENMAX").
Emera Incorporated Announces Results of Series F First Preferred Share Conversion
Emera Incorporated ("Emera" or the "Company") (TSX: EMA) announced today that after having taken into account all conversion notices received from holders of its outstanding Cumulative Rate Reset First Preferred Shares, Series F (the "Series F Shares") by the January 31, 2020 deadline for conversion notices, less than the 1,000,000 Series F Shares required to give effect to conversions into Cumulative Floating Rate First Preferred Shares, Series G (the "Series G Shares") were tendered for conversion. As a result, none of Emera's outstanding Series F Shares will be converted into Series G Shares on February 15, 2020. The Series F Shares will continue to be listed on the Toronto Stock Exchange (TSX) under the symbol EMA.PR.F.
Emera Incorporated Announces Dividend Rates for Series F and Series G First Preferred Shares
Emera Incorporated ("Emera" or the "Company") (TSX: EMA) announced today the applicable dividend rates for its Cumulative Rate Reset First Preferred Shares, Series F (the "Series F Shares") and Cumulative Floating Rate First Preferred Shares, Series G (the "Series G Shares"), in each case, payable if, as and when declared by the Board of Directors of the Company: