DBRS Discontinues Ratings on Emera Inc.

DBRS Limited (DBRS) has today discontinued the Issuer Rating, Medium-Term Notes and Preferred Shares – Cumulative ratings of Emera Inc. (Emera or the Company). The ratings are being discontinued at the Company’s request. Prior to the rating discontinuation, Emera’s ratings were Under Review with Developing Implications following the announcement that the Company agreed to acquire TECO Energy Incorporated on September 4, 2015.

Note:
The related regulatory disclosures pursuant to the National Instrument 25-101 Designated Rating Organizations are hereby incorporated by reference and can be found by clicking on the link to the right under Related Research or by contacting us at info@dbrs.com.

The applicable methodologies are Rating Companies in the Regulated Electric, Natural Gas and Water Utilities Industry; Preferred Share and Hybrid Criteria for Corporate Issuers and Rating Holding Companies and Their Subsidiaries, which can be found on our website under Methodologies.