Significant changes in the Consolidated Balance Sheets between December 31, 2025 and December 31, 2024 include: Increase millions of dollars (Decrease) Explanation Assets Receivables, net $ 140 Increased due to timing of billing and receip...
AI summary The Consolidated Balance Sheets show significant changes between December 31, 2025 and December 31, 2024, including increases in receivables, income taxes receivable, and regulatory assets, as well as changes in liabilities and equity due to factors like timing of payments, capital investments, and regulatory deferrals.
Share Capital For the year ended December 31, 2025, the Company issued 0.04 million (2024 - 0.04 million) common shares to Emera for total consideration of $0.4 million (2024 - $0.4 million) and returned $340 million of capital (2024 - nil...
AI summary In 2025, NSPI issued 0.04 million common shares to Emera for $0.4 million and returned $340 million of capital to Emera without reducing the number of outstanding shares. As of December 31, 2025, NSPI had 173.5 million common shares issued and outstanding.
On December 19, 2025, NSPI invested $9 million in WTI and recorded this within "Investments subject to significant influence" on the Consolidated Balance Sheets. Equity earnings issued to NSPI from WTI for the year ended December 31, 2025...
AI summary NSPI invested $9 million in WTI in 2025, with no equity earnings from WTI for the year. NSPI issued shares to Emera and returned $340 million in capital, while having $185 million owed to Emera and affiliates as of December 31, 2025.