HALIFAX, Nova Scotia--(BUSINESS WIRE)--
Emera Inc. (“Emera”) (TSX: EMA) announced today that Rick Janega will
become the Chief Operating Officer, Electric Utilities – Canada, US
Northeast and Caribbean effective March 31, 2018. In this new role, Rick
will oversee Emera’s electric utility investments in Atlantic Canada,
Maine and the Caribbean.
“As we continue to advance our strategy and capitalize on the strength
of our regulated electric utilities, we are focused on building the
right corporate structure to position the company for continued growth,”
says Scott Balfour, COO, and incoming President and CEO, Emera Inc.
“Rick is a recognized leader with strong operations experience and the
ideal person to oversee this part of Emera’s business.”
Most recently Mr. Janega led Emera’s Maritime Link Project, where his
strong leadership of the project team was instrumental in completing the
Link on time and on budget. The Maritime Link is a CDN$1.57 billion
transmission project that enables the transmission of clean, renewable
and reliable electricity between Nova Scotia and the island of
Newfoundland for the first time in history. The Link is part of Emera’s
broader strategy to address the growing demand for more renewable
electricity in the region.
“I am excited by the new opportunity and look forward to working with
the teams at each of the utilities,” says Rick Janega. “With a focus on
safety, we will work together to advance our strategy and deliver for
our customers.”
Mr. Janega will continue to be the President and CEO of Emera
Newfoundland & Labrador.
Bio: Rick Janega
Over his almost 30 years with the company, Rick has held a variety of
leadership roles and has been a key part of Emera’s growth. He was
appointed President, Emera Newfoundland & Labrador (ENL) in February
2011 and became CEO of ENL in April 2014. Prior to this, he was
Executive Vice President and Chief Operating Officer at Nova Scotia
Power Inc. and has held a number of positions from Senior Plant Manager
at Trenton and Point Tupper generating stations to VP, Operations and
General Manager of Power Production.
About Emera Inc.
Emera Inc. is a geographically diverse energy and services company
headquartered in Halifax, Nova Scotia with approximately $28 billion in
assets and 2016 revenues of more than $4 billion. The company invests in
electricity generation, transmission and distribution, gas transmission
and distribution, and utility energy services with a strategic focus on
transformation from high carbon to low carbon energy sources. Emera has
investments throughout North America, and in four Caribbean countries.
Emera continues to target achieving a minimum of 75% of its adjusted net
income from rate-regulated businesses. Emera’s common and preferred
shares are listed on the Toronto Stock Exchange and trade respectively
under the symbol EMA, EMA.PR.A, EMA.PR.B, EMA.PR.C, EMA.PR.E, and
EMA.PR.F. Depositary receipts representing common shares of Emera are
listed on the Barbados Stock Exchange under the symbol EMABDR and on The
Bahamas International Securities Exchange under the symbol EMAB.
Additional Information can be accessed at www.emera.com
or at www.sedar.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180202005465/en/
Emera
Media contact:
Jeff
Myrick, 902-222-2683
Jeff.myrick@emera.com
Source: Emera Inc.