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Emera
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==History== [[File:Emera Place .jpg|alt=|left|thumb|Emera head office]] Emera was created out of the privatization of the provincial [[Crown corporations of Canada|Crown corporation]] [[Nova Scotia Power|Nova Scotia Power Incorporated]] (NSPI). On December 2, 1998, NSPI shareholders voted to restructure the company to create a holding company which would be shareholder-owned, with the regulated utility being a wholly owned subsidiary of the holding company. On December 9, 1998, NSPI received approval to establish NS Power Holdings Incorporated and NSPI shareholders exchanged their shares in NSPI for shares in NS Power Holdings Inc. on a one-to-one basis on January 1, 1999. Common shares in NS Power Holdings Inc. began trading on the Toronto Stock Exchange and Montreal Stock Exchange on January 6, 1999. The NS Power Holdings Inc. name was changed to Emera Incorporated on July 17, 2000. In 2013, Emera acquired the Bridgeport Energy, Rumford Power, and Tiverton Power plants from [[Capital Power Corporation]] for $541 million.<ref>{{Cite news|url=https://www.reuters.com/article/us-capitalpower-emera/capital-power-to-sell-three-u-s-power-plants-to-emera-idUSBRE97R0WT20130828|title=Capital Power to sell three U.S. power plants to Emera|date=2013-08-28|work=Reuters|access-date=2018-01-11}}</ref> On September 4, 2015, Emera announced the acquisition of [[TECO Energy]], a utility company based in [[Tampa, Florida]], whose holdings include Tampa Electric, Peoples Gas (no relation to the [[Peoples Energy|Chicago-based company of the same name]]), and New Mexico Gas. Emera paid $10.4 billion for TECO. The deal closed in July 2016.<ref>{{Cite news|url=https://www.tampabay.com/news/business/energy/tampa-electric-announces-its-sale-to/2244247/|title=Tampa Electric announces its sale to Canadian company Emera|date=2015-09-04|access-date=2018-01-11}}</ref>
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