Home›Matters›M12779
M12779 Closed Electricity

NSP Maritime Link (NSPML) - Audited Financial Statements - December 31, 2025 and 2025 Cost Containment Report

Filed 03/31/2026 12 documents

What's happened

Filing Timeline

  • 15 Jul
    Document
    NSEB accepts NSP Maritime Link's 2025 audited financial statements and cost containment report as filed, noting an 8.71% regulated ROE and a minor equity thickness variance above the 30% regulatory target.
  • 25 May
    RIR
    —
  • 01 May
    Document
    NSEB Board Staff issued 19 information requests to NSP Maritime Link Inc. regarding its 2025 audited financial statements and Cost Containment Report, with responses due May 25, 2026.
  • 31 Mar
    Document
    NSP Maritime Link Inc. filed its audited financial statements and 2025 Cost Containment Report, reporting $198.4M in consolidated revenues and $844,000 in O&M savings against a backdrop of rising interest costs and a $500M federal loan guarantee refinancing.

The filings themselves

Documents

Exhibits 8 files
  • N-1 2025 Financial Statement PDF · 03/31/2026
  • N-2 2025 Regulated Financial Statements PDF · 03/31/2026
  • N-3 2025 Regulated Capitalization PDF · 03/31/2026
  • N-4 2025 Cost Containment Report PDF · 03/31/2026
  • N-5 NSPML (NSEB) RIR 1 to 19 - Redacted PDF · 05/25/2026
  • N-5(C) NSPML (NSEB) RIR 1 to 19 - Confidential PDF · 05/25/2026
  • N-5-(i) NSPML (NSEB) IR 08 - Attachment 1 - Excel ⬇ XLSX · 05/25/2026
  • N-5-(ii) NSPML (NSEB) IR 08 - Attachment 2 - Excel ⬇ XLSX · 05/25/2026
Other documents 4 files
  • 101833 NSEB (NSPML) IR 1 to IR 19 PDF · 05/01/2026
  • 102133 Letter NSPML re: RIRs and Confidential Treatment PDF · 05/25/2026
  • 102134 Confidential Undertaking PDF · 05/25/2026
  • 102768 Board letter re: Accepted as filed PDF · 07/15/2026

What's discussed — click to drill in

Topics

Income Tax
53 passages across 1 documents
Financial Instruments
41 passages across 4 documents
Taxes
37 passages across 2 documents
Accounting Policies
31 passages across 4 documents
Rates And Money
26 passages across 3 documents
Capital Expenditures
21 passages across 5 documents
Cost Recovery
16 passages across 6 documents
Cost Considerations
14 passages across 4 documents
Depreciation Amortization
12 passages across 3 documents
Regulatory Compliance
12 passages across 5 documents
Information Disclosure
11 passages across 4 documents
Operating Expenses
8 passages across 4 documents
Procurement Practices
8 passages across 3 documents
Affordability
7 passages across 3 documents
Debt Service Coverage Ratio
7 passages across 2 documents
Affiliate Transactions
6 passages across 3 documents
Infrastructure Planning
6 passages across 3 documents
Regulatory Approval Processes
6 passages across 4 documents
Revenue Requirement
6 passages across 3 documents
Accounting Standards
5 passages across 1 documents
Cost Deferral
5 passages across 3 documents
Income Tax Act
5 passages across 1 documents
Rate Base
5 passages across 3 documents
Performance Monitoring
4 passages across 2 documents
Regulatory Oversight
4 passages across 3 documents
Asset Management
2 passages across 2 documents
Asset Retirement Obligation
2 passages across 2 documents
Capacity Costs
2 passages across 1 documents
Confidentiality
2 passages across 2 documents
Corporate Adjustments
2 passages across 1 documents
Energy Efficiency
2 passages across 2 documents
Evidence Requirements
2 passages across 1 documents
Financing Alternatives
2 passages across 2 documents
Hearing Procedures
2 passages across 2 documents
Return On Equity
2 passages across 2 documents
Affordable Multifamily Housing And Non Profit Organizations Amf
1 passages across 1 documents
Afudc
1 passages across 1 documents
Cost Effectiveness
1 passages across 1 documents
Cybersecurity
1 passages across 1 documents
Distribution
1 passages across 1 documents
Distribution Planning
1 passages across 1 documents
Electricity Generation
1 passages across 1 documents
Forecasting Methodology
1 passages across 1 documents
Jurisdictional Questions
1 passages across 1 documents
Legal Costs
1 passages across 1 documents
Legal Procedures
1 passages across 1 documents
Ns Nb Reliability Intertie Project
1 passages across 1 documents
Programs And Customers
1 passages across 1 documents
Public Utilities Act Nova Scotia
1 passages across 1 documents
Renewable Energy
1 passages across 1 documents
Stakeholder Engagement
1 passages across 1 documents
Utility Governance
1 passages across 1 documents