About Emera
Emera is a company based in Halifax (Canada) founded in 1919. It operates as a Subscription Services. The company has 7,610 employees as of December 31, 2024. Emera has completed 2 acquisitions, including TECO Energy and Tampa Electric. Emera offers products and services including Electric Utilities and Natural Gas Utilities.
- Headquarter Halifax, Canada
- Employees 7610 as on 31 Dec, 2024
- Stage Public
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Emera Incorporated
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Annual Revenue
$4.86 B (USD)7.16as on Dec 31, 2024
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Net Profit
$394.07 M (USD)-45.69as on Dec 31, 2024
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EBITDA
$1.59 B (USD)31.33as on Dec 31, 2024
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Latest Funding Round
- Investors
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Employee Count
7610
as on Dec 31, 2024
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Investments & Acquisitions
TECO Energy
& 1 more
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IPO & Listings of Emera
Emera is a publicly listed company on the TSX with ticker symbol EMA in Canada, operating in the Utilities sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Emera
Emera offers a comprehensive portfolio of products and services, including Electric Utilities and Natural Gas Utilities. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Electricity is provided to customers across North America.
Natural gas is delivered to various regional customers.
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Software Development Team
15 people
Human Resources and Administration
12 people
Leadership Team
8 people
Legal and Compliance
8 people
Senior Team
5 people
Finance and Accounting
3 people
Sales and Marketing
2 people
Manager Team
2 people
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Funding Insights of Emera
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Grant - Emera | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Emera
Emera has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Maryland.gov. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Access to government programs and development services is facilitated.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Emera
Emera has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include TECO Energy and Tampa Electric. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Electric and natural gas utilities are provided to customers.
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1899 | ||||
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Provider of energy efficiency services
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1899 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Emera
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Emera Comparisons
Competitors of Emera
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Emera
Frequently Asked Questions about Emera
When was Emera founded?
Emera was founded in 1919 and raised its 1st funding round 102 years after it was founded.
Where is Emera located?
Emera is headquartered in Halifax, Canada. It is registered at Halifax, Nova Scotia, Canada.
Who is the current CEO of Emera?
Scott Balfour is the current CEO of Emera.
How many employees does Emera have?
As of Dec 31, 2024, the latest employee count at Emera is 7,610.
What is the annual revenue of Emera?
Annual revenue of Emera is $4.86B as on Dec 31, 2024.
What does Emera do?
Emera is involved in the energy sector through its portfolio of regulated electric and natural gas utilities across North America. The company is focused on reliability, modernization, and renewable energy solutions. A significant capital plan of 20 billion through 2029 is being implemented to drive growth and sustainability. Operations are conducted in multiple regions, serving 2.6 million utility customers. Emphasis is placed on reducing CO2 emissions, with a 49 reduction achieved since 2005. Community investment and safety culture are prioritized alongside innovative energy solutions for future needs.
What products or services does Emera offer?
Emera offers Electric Utilities and Natural Gas Utilities.
Is Emera publicly traded?
Yes, Emera is publicly traded on TSX under the ticker symbol EMA.
How many acquisitions has Emera made?
Emera has made 2 acquisitions, including TECO Energy, and Tampa Electric.
Who are Emera's investors?
Emera has 1 investor. Key investors include Maryland.gov.
What is Emera's ticker symbol?
The ticker symbol of Emera is EMA on TSX.