Emera Inc. (EMA.TO) (EMRAF) is a Canadian-based regulated electric and gas utility with businesses on both sides of the border. When investors think of regulated utilities in Florida, most think of NextEra (NEE) (Florida Power & Light and Gulf Power), Chesapeake Utilities (CPK) (Florida Public Utilities), or Duke Energy (DUK) (Duke Energy Florida). However, Emera's Florida footprint includes both the state's largest natural gas distributor and Tampa Electric, making it the third largest publicly owned utility in the state, behind NEE and DUK, servicing over 750,000 electric and 350,000 gas customers.
Peoples Gas Florida came