Added to YB: 2026-10-09
Pitch date: 2026-10-07
EMA.TO [neutral]
Emera Incorporated
+2.36%
current return
Author Info
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Company Info
Emera Incorporated, an energy and services company, invests in generation, transmission, and distribution of electricity in the United States, Canada, Barbados, and the Bahamas.
Market Cap
CAD 20.0B
Pitch Price
CAD 65.25
Price Target
N/A
Dividend
4.51%
EV/EBITDA
12.31
P/E
20.52
EV/Sales
4.82
Sector
Electric Utilities
Category
special_situation
$72B mega merger, $4B trade surplus - Emera Incorporated
EMA.TO (update): Emera’s $72B merger of equals with Canadian Utilities would create a 60/40-owned utility with a $45B rate base, concentrated in Florida and Alberta, and a $32B capital plan supporting 7-8% annual rate-base growth and 5-7% EPS CAGR through 2030. Emera is paying up at an estimated ~14x EBITDA for CU, but greater balance-sheet scale could position the combined company for Canadian grid investment.
Read full article (3 min)