- Florida is ranked as Above Average for regulatory support and is one of only nine states with the designation. Canadian regulators are also considered as supportive.
- 95% of earnings are from regulated businesses. 55% of its rate base is in Florida. 65% of earnings are from the US, with the balance from Canada and the Caribbean.
- 60% of capital investment is for renewable power, mainly for solar and battery storage in FL.
- Mid-cap Emera is mostly underfollowed and underappreciated, and is a core holding in my utility portfolio.
For further details see:
Emera: A Strong Utility With Favorable Regulatory Environment, Growth, And Nice Yield