Subsidiary of Emera Inc.

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Subsidiary of Emera Inc.

Emera is our parent company, an international energy firm headquartered in Halifax.

Emera grew from the holding company that was formed following the privatization of Nova Scotia Power in 1992. Today, Emera has investments in New Brunswick, Newfoundland and Labrador, Maine, New Hampshire, Massachusetts, and the Caribbean, and provides jobs for over 2,000 people in Nova Scotia, including at Nova Scotia Power.

Emera is shareholder-owned and publicly traded on the Toronto Stock Exchange, and is the sole owner of Nova Scotia Power. Emera is not publicly regulated, but most of its subsidiary companies, like Nova Scotia Power, are. Because of this difference in governance, the Nova Scotia Utility and Review Board (UARB) governs our interactions with Emera and its affiliates to ensure any work done for us, or by us, is in the best interest of our customers.

Our relationship with Emera, and its growth and status in the energy sector, has allowed Nova Scotia to benefit from investments that have added new renewable energy to our province, reduced emissions from power plants and made them more efficient, and improved customer service and reliability. Since 2009, more than $1 billion has been invested into Nova Scotia Power.