Press release content from Business Wire. The AP news staff was not involved in its creation.
Emera Reports 2020 Fourth Quarter and Annual Financial Results; Announces Net-Zero CO2 Vision, Decarbonization Goals
February 16, 2021 GMT
HALIFAX, Nova Scotia (BUSINESS WIRE) Feb 16, 2021
Today Emera (TSX: EMA) reported 2020 fourth quarter and annual financial results and announced forward looking decarbonization goals and a vision to achieve net-zero carbon emissions.
Highlights
Growth in annual adjusted EPS of 3%; growth of 15% when normalized for the impact of asset sales. Annual adjusted earnings for 2020 include a recovery of a $36 million outstanding litigation award.
Growth in annual earnings from ongoing regulated operations, less corporate costs, of 13%.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Emera Appoints New Board Director
February 12, 2021 GMT
Jackie Sheppard, Chair of Emera Inc. (TSX: EMA) announces the appointment of Karen Sheriff to Emera’s Board of Directors, effective today.
“On behalf of the Board, I am excited to welcome Karen to the Emera Team,” says Sheppard. “Karen is an accomplished senior executive with deep experience in driving innovation, growth and corporate strategy which are increasingly valuable skills in the rapidly changing energy sector.”
Over the past three decades, Ms. Sheriff has held senior positions in both publicly traded and private companies in Canada and the U.S. She also brings extensive, cross-industry leadership experience in regulated environments to Emera’s Board.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Archie Collins Appointed as Next President & CEO of Tampa Electric
February 9, 2021 GMT
HALIFAX, Nova Scotia (BUSINESS WIRE) Feb 9, 2021
Scott Balfour, President and CEO of Emera Inc. and Chair of the Tampa Electric Board (TSX: EMA) today announced that Archie Collins will become the next President & Chief Executive Officer of Tampa Electric effective May 3, 2021. Until that time, he will serve as President & Chief Operating Officer.
“Archie is a proven energy leader with deep operational experience who has been playing a key leadership role at Tampa Electric since 2018,” says Scott Balfour, President and CEO of Emera Inc. and Chair of the Tampa Electric Board. “He is the right leader to maintain the positive momentum at Tampa Electric as the team continues its focus on delivering value for customers, reducing carbon emissions, and driving growth at the utility, all while cultiva
Press release content from Business Wire. The AP news staff was not involved in its creation.
Emera Creates $5 Million Inclusion & Diversity Fund
February 8, 2021 GMT
HALIFAX, Nova Scotia (BUSINESS WIRE) Feb 8, 2021
Emera (TSX:EMA) is pleased to announce the creation of the Emera Inclusion & Diversity Fund. Emera and its operating companies plan to collectively invest a minimum of $5 million over the next five years to support organizations and initiatives advancing inclusion and diversity in our communities.
As part of the fund, Emera and Nova Scotia Power are contributing to the Immigrant Services Association of Nova Scotia (ISANS) to establish Youth Explore! programming. This $300,000 investment over the next three years will provide critical programming and support for youth aged 16-25 who are new to Canada and entering the workforce in Nova Scotia. While this is the first investment announced as part of the fund, Emera will continue to work with organizations in Nova Scoti