On November 18, 2024, Emera Inc. announced an amendment to its equity distribution program, increasing the aggregate sale price of common shares from CAD 600 million to CAD 1 billion. This expansion builds on the original prospectus supplement dated November 14, 2023, under the company's short form base shelf prospectus. The offering is facilitated by agents Scotia Capital Inc., RBC Dominion Securities Inc., CIBC World Markets Inc., and TD Securities Inc.

The common shares will be distributed across Canadian provinces through placement notices as outlined in the equity distribution agreement. Settlements for sales will generally occur on the first trading day following transactions unless otherwise specified. The program aims to raise funds for Emera's ongoing corporate financing needs.

The program is effective immediately upon announcement and remains open until the equity distribution agreement's completion or termination date.