|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||41.39 - 41.41|
|52 Week Range||29.24 - 42.00|
|Beta (3Y Monthly)||0.46|
|PE Ratio (TTM)||50.35|
|Forward Dividend & Yield||1.80 (4.37%)|
|1y Target Est||N/A|
Enmax Corp said on Monday it will buy Emera Inc's electric transmission and distribution unit for $959 million, as the Canadian company expands its North American regulated utility business. The sale of the unit, Emera Maine, is expected to close in late 2019 and is part of Emera's previously announced three-year funding plan. Emera intends to use the proceeds to support its C$6.5 billion capital investment opportunities and reduce corporate debt, the company said in a statement.
Emera Inc said on Monday it will sell three of its natural gas-fired power plants in New England to Carlyle Group for $590 million, as part of its efforts to cut debt. Emera's three units, Bridgeport Energy, Tiverton Power and Rumford Power, will be sold to Cogentrix, an affiliate of Carlyle Group. Emera, which invests in energy generation and transmission, said the proceeds from the sale will be used to cut its debt.
NEW YORK, NY / ACCESSWIRE / August 10, 2018 / Emera Inc (OTC PINK: EMRAF) will be discussing their earnings results in their Q2 Earnings Call to be held on August 10, 2018 at 9:00 AM Eastern Time. To listen ...
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