Emera-Teco Merger Marks Another Utility Deal Seeking Gas Growth

摘要

Canadian electric utility Emera is acquiring Florida-based Teco Energy, a combined electric-gas utility holding company in a transaction valued at almost $10.3 billion, including $6.9 billion in cash and $3.4 billion in assumed debt. Emera's headquarters are in Halifax, Nova Scotia, where Nova Scotia Power, its largest operating unit, is based.