总部位于哈利法克斯的埃梅拉公司周二宣布，将通过一项总额达143亿美元的全股票交易收购加拿大公用事业公司。此举将打造出加拿大规模最大的公用事业企业之一，反映出在电力需求持续增长的背景下，各大电力企业正积极寻求规模扩张。
Halifax-based Emera said on Tuesday that it would acquire Canadian Utilities in an all-stock deal worth $14.3 billion, creating one of Canada's largest utilities as power companies seek to scale amid booming electricity demand.
据埃梅拉介绍，合并后新公司的估值约为720亿美元，其中埃梅拉股东将持有约60%的股份，加拿大公用事业公司的股东则持有约40%的股份。
Emera shareholders are expected to own about 60 per cent of the merged company — which will have a value of about $72 billion. Canadian Utilities shareholders will own about 40 per cent, Emera said.
埃梅拉在大西洋加拿大地区、美国及加勒比海地区拥有或参股十余家从事发电、输电及配电业务的企业，同时也是新斯科舍电力公司的母公司。
Emera owns or has a stake in about a dozen operations related to energy generation, transmission and distribution in Atlantic Canada, the United States and the Caribbean, and is the parent company of Nova Scotia Power.
随着电气化进程加快及工业发展，电力需求不断攀升，这促使北美电力行业出现整合趋势；各企业纷纷谋求扩大规模，以便为电网升级及输电基础设施建设提供资金保障。
Rising power demand spurred by increasing electrification and industrial growth is driving consolidation in the North American power sector, with companies seeking scale to fund investments in grid upgrades and transmission infrastructure.
根据协议，除ATCO公司外，加拿大公用事业公司的A类股东每持有一股即可获得0.755股埃梅拉股票；B类股东则每持有一股可获发0.819股埃梅拉股票。
Nova Scotia Power's sister company sold in billion-dollar deal Under the deal, Class A shareholders of Canadian Utilities, excluding ATCO, will receive 0.755 Emera shares for each share they hold, while Class B shareholders will receive 0.819 Emera shares apiece.
据伦敦证券交易所集团的数据，此次交易使得加拿大公用事业公司A类股票的估值达到每股约51.57美元，较其周一的收盘价溢价约0.7%。
The deal values Canadian Utilities' Class A shares at about $51.57 each, a premium of roughly 0.7 per cent to the stock's last closing price on Monday, according to LSEG data.
埃梅拉表示，该交易将强化公司的财务状况，助力其实施计划中的截至2030年的320亿美元资本支出计划，预计届时公司的年费率基数增长率可达7%至8%。
Emera said the deal would strengthen its financial position and support a planned $32-billion capital program through 2030, with an expected annual rate-base growth of seven to eight per cent.
预计该交易将于2027年第三或第四季度完成，届时新公司将由埃梅拉现任总裁兼首席执行官斯科特·巴尔福领导。新公司仍将沿用“埃梅拉”这一名称，其上市公司总部设在哈利法克斯，同时保留加拿大公用事业公司在卡尔加里、埃德蒙顿以及澳大利亚珀斯的企业及运营中心。
The combined company will be led by Emera's president and CEO Scott Balfour upon the deal's expected closing in the third or fourth quarter of 2027. The new company will operate as Emera and maintain its public company headquarters in Halifax, as well as Canadian Utilities's corporate and operational centres in Calgary, Edmonton and Perth, Australia.
与此同时，埃梅拉公司称，目前持有加拿大公用事业公司近37%的非投票流通股及全部投票流通股的ATCO，将分拆为一家名为“新ATCO”的上市工业服务企业。
Meanwhile, ATCO, which holds nearly 37 per cent of the outstanding non-voting shares and all outstanding voting shares of Canadian Utilities, will spin off into a publicly traded industrial services company called New ATCO, Emera said.
ATCO的董事长兼首席执行官南希·萨瑟恩将出任这家新公司的首席执行官。新公司将主要致力于住房、国防以及港口和零售能源等领域的投资业务。
ATCO's chair and CEO Nancy Southern will serve as the CEO of the new entity, which will be focused on housing, defense and investments, including ports and retail energy.