Emera Inc., parent company of Nova Scotia Power, reports $167M third-quarter profit | Globalnews.ca

  • 📰 GlobalNational
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Emera Inc., parent company of Nova Scotia Power, reports $167M third-quarter profit

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.”

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Of course they do and they are asking for an increase CorporateGreed

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 81. in SE

Sverige Senaste nytt, Sverige Rubriker