HALIFAX, Nova Scotia--(BUSINESS WIRE)--To support the individuals, families and communities impacted by the tragic violence resulting in the loss of 22 victims’ lives in our home province last weekend, Emera Inc. and its Atlantic regional operating companies Nova Scotia Power, Emera Energy, Emera Newfoundland and Labrador and Emera New Brunswick are contributing $500,000 to the Stronger Together Nova Scotia Fund.
“We’re making this donation on behalf of all of our employees, particularly the 2,300 who live and work right here in Atlantic Canada. This tragedy has deeply affected our close-knit region at an already difficult time when we cannot physically come together to support one another. Emera’s contribution to this fund will help provide much needed support for our communities and those touched by this tragedy,” said Emera Inc. CEO Scott Balfour. “We recognize the leadership of the Government of Nova Scotia and the Canadian Red Cross in establishing this important fund and enabling the opportunity to help. Our sincere condolences go out to the families, friends and communities who have been affected by these senseless acts.”
Through the Stronger Together Nova Scotia Fund, the Canadian Red Cross will be working in partnership with the Government of Nova Scotia to support families and communities with immediate and long-term needs arising as a result of the tragedy, including resiliency and capacity building. The Government of Nova Scotia will be covering all administrative and programming costs associated with the fund ensuring 100 per cent of all donations will be directed to help those in need.
In response to Premier McNeil’s request to honour those who lost their lives with displays of blue and tartan, the Emera Inc. flag has been lowered to half mast and the Emera Pedway and Nova Scotia Power’s 1H building are now illuminated with the provincial colour blue.
As with all community investments made by Emera and its operating companies, this contribution is not funded through customer rates.
Emera Inc. is a geographically diverse energy and services company headquartered in Halifax, Nova Scotia, with approximately $32 billion in assets and 2019 revenues of more than $6.1 billion. The company primarily invests in regulated electricity generation and electricity and gas transmission and distribution with a strategic focus on transformation from high carbon to low carbon energy sources. Emera has investments throughout North America, and in four Caribbean countries. Emera’s common and preferred shares are listed on the Toronto Stock Exchange and trade respectively under the symbol EMA, EMA.PR.A, EMA.PR.B, EMA.PR.C, EMA.PR.E, EMA.PR.F and EMA.PR.H. Depositary receipts representing common shares of Emera are listed on the Barbados Stock Exchange under the symbol EMABDR and on The Bahamas International Securities Exchange under the symbol EMAB. Additional Information can be accessed at www.emera.com or at www.sedar.com.