Emera报告第三季度调整每股收益为0.88加元，东部收益为0.61加元，推出了专注于佛罗里达州投资的200亿美元五年资本计划

Today, November 7, 2025, Emera Inc. ("Emera") (NYSE:EMA) reported financial results for the third quarter and year-to-date 2025 and released details about its 2026-2030 capital plan.

Highlights

• Delivered 9% improvement in adjusted earnings per share1 ("EPS") for the third quarter of 2025, with $0.88 of adjusted EPS and $0.76 of reported EPS.
• Introduced 5-year $20 billion capital plan and extended 7-8% rate base growth guidance through 2030 with approximately 80% directed towards investment in Florida.
• Completed the Peoples Gas rate case process, providing regulatory clarity through 2028. Nova Scotia Power reached a settlement agreement with customer representatives, and a consensus rate case was filed with the regulator in mid-September.
• Deployed more than $2.6 billion in capital year-to-date and remain on track to fully execute our 2025 capital plan.

"Emera's momentum continues with another strong quarter of adjusted EPS1 growth, principally driven by continued strong operational performance at Tampa Electric. We also saw significant progress on the regulatory front with the completion of the Peoples Gas rate case," said Scott Balfour, President and CEO of Emera Inc. "We are extending our 7-8% rate base growth through 2030, supported by a $20 billion capital plan that focuses on enhancing customer reliability. This includes investments in grid modernization, gas infrastructure and technology updates that will support ongoing growth, with a specific focus on Florida."

5-Year Capital and Funding Plan Overview

• Five-year $20 billion capital and funding plan extends 7-8% rate base growth guidance through 2030.
• Emera's capital plan is primarily directed toward investments in Florida, with nearly 80% allocated to the region focused on strengthening and storm hardening systems and supporting continued growth, while continuing to deliver an 8-9% expected rate base growth for its Florida utilities.
• Themajority of capital plan – more than 90% - is allocated to reliability and grid modernization projects; renewable asset integration (for greater reliability and more predictable customer costs); and technological innovation (including increased investments in cybersecurity and artificial intelligence).
• 55% of investments specifically focused on strengthening electric transmission, distribution, and gas infrastructure systems to support reliability and customer growth.

Q3 2025 Financial Results

Q3 2025 adjusted net income1 was $263 million, or $0.88 per common share, compared with $236 million, or $0.81 per common share, in Q3 2024. The increase was primarily due to increased earnings at Tampa Electric ("TEC"), partially offset by lower earnings at Nova Scotia Power ("NSPI") and New Mexico Gas Company ("NMGC") and higher corporate costs.

Q3 2025 reported net income was $228 million, or $0.76 per common share, compared with net income of $4 million, or $0.01 per common share, in Q3 2024, primarily driven by the $225 million in charges related to the pending sale of NMGC recognized in Q3 2024, and increased earnings at TEC. These were partially offset by $28 million increase in mark-to-market ("MTM") losses, lower earnings at NSPI and NMGC, and higher corporate costs.