Emera Inc. reported several business updates and provided outlook across its utility portfolio. The company forecast about 20 billion of capital investment from 2026 through 2030, largely directed to its Florida utilities, with spending focused on reliability and resiliency, system modernization, growth-related expansion, renewable integration and technology upgrades. In Florida, Tampa Electric expects higher 2026 earnings driven by new base rates effective January 1, 2026 and continued customer growth, and plans capital investment of about 1.8 billion in 2026 for generation reliability, storm hardening, grid modernization and transmission expansion. Peoples Gas also expects higher 2026 earnings on new base rates effective January 1, 2026 and customer growth, with capital investment of about 445 million in 2026. In Canada, Nova Scotia Power expects 2026 earnings to be higher than 2025 and anticipates earning at the low end of its allowed return range, assuming base rates are approved largely consistent with a settlement; a decision on its general rate application is expected in early second quarter 2026. NSP Maritime Link expects 2026 equity earnings consistent with 2025, and received an interim order to collect up to 199 million for 2026 cost recovery; it has applied to end the related monthly holdback mechanism, with a decision anticipated in the third quarter of 2026. Emera said the pending sale of New Mexico Gas Company is expected to close in the first half of 2026, and NMGC’s 2026 earnings contribution is expected to be lower than 2025 due to the anticipated closing. The company also noted ongoing restoration of Canadian IT systems following a cybersecurity incident discovered in April 2025, and said the incident is not expected to have a material impact on financial position or results. The full report can be accessed through the link below.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Emera Inc. published the original content used to generate this news brief on February 23, 2026, and is solely responsible for the information contained therein.