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February 08, 2016 10:31 AM ET

Electric Utilities

Company Overview of Emera Maine

Company Overview

Emera Maine provides electric delivery services to residential and business clients in the Bangor Hydro District and the Maine Public District. The company is based in Bangor, Maine. Emera Maine was formerly known as Bangor Hydro-Electric Company and changed its name to Emera Maine in November 2015. The company is a subsidiary of BHE Holdings, Inc.

PO Box 932

Bangor, ME 04402

United States

302 Employees

Phone:

207-973-2000

Key Executives for Emera Maine

Chief Executive Officer, President and Chief Operating Officer
Vice President of Finance and Treasurer
Vice President of Corporate Relations
Vice President of Legal and Regulatory Affairs
Vice President of Human Services
Compensation as of Fiscal Year 2015.

Emera Maine Key Developments

Emera Maine Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015

Emera Maine announced earnings results for the third quarter and nine months ended September 30, 2015. The company reported net income of CAD 14.7 million in third quarter of 2015, an increase of CAD 1.4 million compared to third quarter of 2014 net income of CAD 13.3 million. The higher net income was primarily due to the impact of a stronger USD. For the nine months ended September 30th, 2015 Emera Maine’s net income was CAD 39.9 million compared to CAD 30.7 million for the same period last year.

Bangor Hydro Electric Company will Change its Name to Emera Maine

Effective November 05, 2015, Bangor Hydro Electric Company will change its name to Emera Maine.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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