N-12025 Annual Financial Statements - Redacted
5 passages
Electricity Reform Act The Electricity Reform Act was approved by the Province in December 2013. The legislation permits licensed retail suppliers to sell renewable, low impact electricity generated within the Province directly to retail c...
AI summary The Electricity Reform Act, approved in December 2013, allows licensed retail suppliers to sell renewable electricity directly to customers in Nova Scotia. NSPI developed 'renewable to retail' tariffs approved by NSEB in 2016. As of December 2025, one license has been issued, with sales expected to commence in 2026.
- (1) Includes $663 million related to NMGC (2026: $96 million, and $567 million thereafter). - (2) The Company's $1.2 billion USD, $750 million USD and $500 million USD hybrid notes mature in 2076, 2056 and 2054, respectively, and these m...
AI summary The text outlines various financial obligations and commitments, including long-term debt, interest payments, purchasing commitments, and contractual obligations related to infrastructure and pension plans. It also discusses the Maritime Link cost recovery and transmission rights commitments.
Brunswick Pipeline Brunswick Pipeline is a 145-kilometre pipeline delivering natural gas from the Saint John LNG import terminal near Saint John, New Brunswick to markets in the northeastern US. Brunswick Pipeline entered into a 25-year fi...
AI summary The Brunswick Pipeline, a 145-km natural gas pipeline regulated by the Canada Energy Regulator (CER), operates under a 25-year firm service agreement with Repsol Energy Canada. It includes scheduled toll increases and complies with the CER Act through its filed gas transportation tariff.
30. Non-Controlling Interest in Subsidiaries As at millions of dollars December 31 2025 December 31 2024 Preferred shares of GBPC $ 14 $ 14 Preferred shares of GBPC
AI summary This section discusses the preferred shares of GBPC as of December 31, 2025, and December 31, 2024, showing a value of $14 million in both years.
ACCOUNT SEGMENT Account Segment Value Account Segment Description 243100 ACCRUED CREDIT UNION DEDUCTIONS EES 243150 ACCRUED UNION DUES EMPLOYEES 243200 ACCRUED COMMON SHARE PURCHASE PLAN EES 243250 ACCRUED DIRECTORS SHARE PURCHASE PROG 243...
AI summary The document presents an account segment listing various accrued liabilities, long-term liabilities, and regulatory compliance-related financial items, including pension plans, carbon tax payable, and site restoration reserves. These entries reflect financial obligations and commitments across different categories, including regulatory and long-term liabilities.