N-12025 Annual Financial Statements - Redacted
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Transmission and Distribution NSPI transmits and distributes electricity from its generating stations to its customers. NSPI's transmission system consists of approximately 5,000 km of transmission facilities, including major substations a...
AI summary NSPI's transmission system spans 5,000 km with major substations at Lingan, Woodbine, and Bridgewater, while its distribution system covers 29,000 km. The infrastructure details highlight the scale and connectivity of NSPI's electricity delivery network.
2025 Highlights Emera's momentum throughout 2025 came from consistent execution and commitment to operational excellence. Across our operations we advanced major capital projects, and in turn, hit key milestones. We translated our capital...
AI summary Emera's 2025 achievements include advancing capital projects, operational milestones, and strategic initiatives. Key highlights include Nova Scotia's grid-scale battery installations, Tampa Electric's solar expansion, the Maritime Link's performance, and progress on selling New Mexico Gas Company. These efforts support renewable integration, system resilience, and long-term business positioning.
Canadian Electric Utilities The Canadian Electric Utilities segment includes NSPI and NSPML. NSPI is a vertically integrated regulated electric utility engaged in the generation, transmission and distribution of electricity and the primary...
AI summary The Canadian Electric Utilities segment includes NSPI, a vertically integrated utility providing electricity in Nova Scotia, and NSPML, which holds a 100% equity stake in the Maritime Link transmission project connecting Newfoundland and Nova Scotia.
Nature of Operations Emera Incorporated ("Emera" or the "Company") is an energy and services company that invests in electricity generation, transmission and distribution, and gas transmission and distribution. At December 31, 2025, Emera'...
AI summary Emera Incorporated operates in electricity and gas utilities across multiple regions, including Nova Scotia (via NSPI), Florida, New Mexico, and the Caribbean. Key operations include the Maritime Link Project between Newfoundland and Nova Scotia, and a 50% stake in a Nova Scotia-New Brunswick transmission intertie. The company also holds interests in gas pipelines and international utilities.
(2) On March 5, 2025, NSPI, the Canada Infrastructure Bank ("CIB") and the Wskijinu'k Mtmo'taquow Agency ("WMA") announced the Wasoqonatl transmission line project to create a reliable intertie between Nova Scotia and New Brunswick. The pr...
AI summary NSPI, CIB, and WMA announced the Wasoqonatl transmission line project, owned by a new regulated utility WTI. NSPI has a 26% economic interest in WTI. Emera sold its equity interest in LIL in June 2024. Bear Swamp's credit investment balance is recorded as a liability.
LOCATION SEGMENT Location Segment Value Location Segment Description 1310 WIND GENERAL 1350 AVON 1351 BEAR RIVER 1352 BLACK RIVER 1353 DICKIE BROOK 1354 FALL RIVER 1355 HARMONY 1356 LEQUILLE 1357 MERSEY 1358 PARADISE 1359 SHEET HARBOUR 136...
AI summary The document presents a table with location segments and their corresponding descriptions, as well as cost centre segments and their descriptions. These segments are used for categorizing and managing different parts of the utility operations.
N-2Refiled Statements - NSPI - Redacted
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Maritime Link: The Maritime Link is a $1.8 billion (including AFUDC) transmission project, including two 170-kilometre sub-sea cables, connecting the island of Newfoundland and Nova Scotia. The Maritime Link entered service on January 15,...
AI summary The Maritime Link, a $1.8 billion transmission project including two 170-km sub-sea cables connecting Newfoundland and Nova Scotia, began service in January 2018. NSPI initiated interim payments to NSPML at that time.
2025 Annual Financial Statements Attachment 5 Page 7 of 26 REDACTED (CONFIDENTIAL INFORMATION REMOVED) NSPI owns the following generating facilities: - Four dual fired facilities: - o Tufts Cove - 3 units dual fired with either heavy fuel...
AI summary NSPI owns various generating facilities, including dual-fired, solid-fuel, gas turbine, hydro, wind, biomass, and solar facilities, as well as battery storage. NSPI also contracts with IPPs for renewable electricity and has obligations related to the NS Block delivery from Muskrat Falls.
20+ years of investments - Wind in Nova Scotia - Solar in Florida - Big Bend modernization - Maritime Link hydro
AI summary The text highlights long-term energy investments, including wind in Nova Scotia, solar in Florida, Big Bend modernization, and the Maritime Link hydro project, indicating a focus on renewable energy and infrastructure development.
2025 Highlights Emera's momentum throughout 2025 came from consistent execution and commitment to operational excellence. Across our operations we advanced major capital projects, and in turn, hit key milestones. We translated our capital...
AI summary Emera achieved operational excellence in 2025 with major capital projects and strategic initiatives, including the opening of new facilities, battery storage projects in Nova Scotia, and the continued performance of the Maritime Link. Strategic progress included steps toward the sale of New Mexico Gas Company.
Nature of Operations Emera Incorporated ("Emera" or the "Company") is an energy and services company that invests in electricity generation, transmission and distribution, and gas transmission and distribution. At December 31, 2025, Emera'...
AI summary Emera Incorporated is an energy and services company with operations in electricity generation, transmission, distribution, and gas transmission. It operates in multiple regions including Florida, Nova Scotia, New Mexico, and the Caribbean, with various subsidiaries and equity interests in transmission and pipeline projects.
2025 Annual Financial Statements Attachment 6 Page 88 of 138 REDACTED (CONFIDENTIAL INFORMATION REMOVED) Strategic Overview Management's Discussion and Analysis Consolidated Financial Statements Emera Leadership and Board Shareholder infor...
AI summary This document contains the 2025 Annual Financial Statements of Emera, including Management's Discussion and Analysis, Consolidated Financial Statements, and other related sections such as leadership information and shareholder details.