Emera chief executive Scott Balfour says the growth in the company’s earnings was principally driven by continued strong performance from its utilities in Florida.The financial results came as investors watch for the fallout from the Nova Scotia government’s imposed rate cap on the parent company of Nova Scotia Power. The utility is expected to update its rate base investment forecast and related funding plan during a conference call with investors and analysts.
“It will take time to fully assess the implications of the legislation,” she said. “In the meantime, we’ve pressed pause on our team’s work on the Atlantic Loop.”
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Of course they do and they are asking for an increase CorporateGreed