Emera Maine definition

Emera Maine means the company resulting from the merger of Bangor Hydro and MPS under the laws of the State of Maine on January 1, 2014, and a wholly-owned indirect subsidiary of Emera;
Emera Maine means the company existing under the laws of the State of Maine and formerly a wholly- owned indirect subsidiary of Emera;
Emera Maine means the company resulting from the merger of Bangor Hydro and MPS under the laws

Examples of Emera Maine in a sentence

  • Emera’s reporting units with goodwill are Tampa Electric, PGS, New Mexico Gas, Emera Maine and GBPC.

  • Emera Maine has recorded a reserve of approximately $4 million USD for these cases.

  • Derivatives entered into by Tampa Electric, PGS, NMGC, NSPI, Emera Maine and GBPC that are documented as economic hedges, and for which the NPNS exception has not been taken, are subject to regulatory accounting treatment.

  • On February 28, 2018, Emera Maine extended the maturity date of its $80 million USD operating credit facility from September 25, 2019 to February 28, 2023.

  • Emera plans to use cash from operations, debt raised at the utilities and proceeds from the Emera Maine sale, to support normal operations, repayment of existing debt and capital requirements.

  • Emera Maine has recorded a reserve of $4 million USD for the ENE and MA AG II Cases.

  • On March 24, 2020, the Company completed the sale of Emera Maine.

  • Pending Sale of Emera Maine On March 25, 2019, Emera announced the sale of Emera Maine for a total enterprise value of approximately $1.3 billion USD including cash proceeds of $959 million USD, transferred debt and a working capital adjustment on close.

  • In 2020, the Company recognized a gain on the sale of Emera Maine.

  • On completion of the sale of Emera Maine, all of the remaining future contractual obligations will be transferred to the buyer.


More Definitions of Emera Maine

Emera Maine means the company resulting from the merger of Bangor Hydro Electric Company and Maine Public Service Company under the laws of the state of Maine on January 1, 2014, and a wholly-owned indirect subsidiary of Emera.

Related to Emera Maine

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