Emera Power Plant Sale to Help Fund $3.6 Billion in Active Projects

SUGAR LAND--November 29, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--Earlier this week, Emera Incorporated (TSX:EMA) (Halifax, Novia Scotia) announced that it would sell three natural gas-fired power plants in New England to an affiliate of private equity firm The Carlyle Group (NASDAQ:CG) (Washington, D.C.) for $590 million. In a press release regarding the transaction, Scott Balfour, Emera's chief executive officer, said the sale "increases Emera's financing flexibility to capitalize on our regulated growth opportunities today and in the future." Industrial Info is tracking more than $3.6 billion in active Emera projects.

Within this article: Details of active Emera projects