News & Announcements
Emera set to install North America’s longest submarine electricity cables
The arrival of the Skagerrak, operated by the cable supplier Nexans, marks the start of the submarine cable installation process. Over the next few weeks members of Nexans’ highly specialized crew will prepare for the installation of the first electrical connection across the Cabot Strait between Nova Scotia and the island of Newfoundland.
Throughout the various stages of the manufacturing process and transport of each cable, members of Emera Newfoundland & Labrador’s Marine Team have been monitoring and inspecting the progression to maintain quality assurance.
Forward Looking Information
This news release contains forward-looking information within the meaning of applicable securities laws. By its nature, forward-looking information requires Emera to make assumptions and is subject to inherent risks and uncertainties.
About The Maritime Link Project
About Emera Inc.
Emera Inc. is a geographically diverse energy and services company headquartered in Halifax, Nova Scotia with approximately $29 billion in assets and 2016 revenues of more than $4 billion. The company invests in electricity generation, transmission and distribution, gas transmission and distribution, and utility energy services with a strategic focus on transformation from high carbon to low carbon energy sources. Emera has investments throughout North America, and in four Caribbean countries. Emera continues to target having 75-85% of its adjusted earnings come from rate-regulated businesses. Emera’s common and preferred shares are listed on the Toronto Stock Exchange and trade respectively under the symbol EMA, EMA.PR.A, EMA.PR.B, EMA.PR.C, EMA.PR.E, and EMA.PR.F. Depositary receipts representing common shares of Emera are listed on the Barbados Stock Exchange under the symbol EMABDR. Additional Information can be accessed at www.emera.com or at www.sedar.com.
The first of two submarine cables for the Maritime Link Project arrived onboard the Skagerrak. Each cable is approximately 170 km in length and weighs 5,500 tonnes. Combined, both cables weigh more than the Eiffel Tower.
Nexans’ cable laying vessel, the Skagerrak, arrived in Canadian waters in mid-April with the first submarine cable for the Maritime Link Project. This vessel and its highly specialized crew will be instrumental in laying both submarine cables for the Project.
Each submarine cable is 10 cm in diameter (similar to a two litre soft drink bottle).
The first cable for the Maritime Link Project onboard Nexans' cable laying vessel, the Skagerrak.
A back view of the Skagerrak docked in Argentia, NL in mid-April 2017.