EMA
TSX · Regulated utilities, Atlantic and U.S. · 6 desk pieces in archive
Promote package is $49 for 30 days. Membership is $49 for the year if you also want Trends. A prompted news release is $99.
Canadian Utilities said October 13 it held a groundbreaking on the $2.9 billion Yellowhead gas pipeline from Peers to Fort Saskatchewan. The 235-kilometre line is fully contracted for 1.1 billion cubic feet a day. AUC approval came in July. That is construction start, not a 2026 volume add.
Emera's board declared the quarterly common dividend at $0.74, payable November 13 to holders of record October 30. That is the rate the company raised on October 2. It is a declaration. It is not a new hike today, and it is not the Canadian Utilities close.
Emera, ATCO, and Canadian Utilities said Tuesday they signed a definitive merger of equals. Combined enterprise value is about $72 billion. The company will operate as Emera. Close is the third or fourth quarter of 2027. That is an agreement. It is not a close and not a rate-case win.
Natural Resources Canada said September 16 three 50 MW / 200 MWh batteries at Bridgewater, Waverley, and White Rock are inaugurated. Ottawa put $109 million in. The Canada Infrastructure Bank lent $138.2 million. All 13 Mi'kmaw communities sit as equity partners.
On August 7 Emera reported Q2 2026 adjusted EPS of $0.69 and said it completed the New Mexico Gas sale after regulatory approval July 30. The company invested more than $1.7 billion in the first half while targeting a $4 billion 2026 capital plan.
On August 12 Emera said the sale of New Mexico Gas Company to Bernhard Capital Partners closed. The deal was first announced August 5, 2024. New Mexico regulators approved it July 30. After-tax proceeds were pegged at US$650 million to US$700 million against about US$1.25 billion of transaction value.