Nancy Southern

Stories

Emera, ATCO and Canadian Utilities announce merger of equals

Will lead New ATCO after the spinoff

Emera, ATCO and Canadian Utilities signed an arrangement agreement on October 6, 2026, for an all-share merger that values Canadian Utilities at about C$14.3 billion. Canadian Utilities shareholders will receive 0.755 of an Emera share for each Class A share and 0.819 for each Class B share.

Updated Oct 22