GRAND BAHAMA/
HALIFAX - (Canadian Business) Emera Inc. (TSX:EMA) says it's buying a majority stake in
Grand Bahama Power Company Ltd. for $82 million, beefing up the Canadian
utility company's assets in the Caribbean.
Halifax-based Emera -- owner of Nova Scotia Power's, the
province's main electric utility -- will have an 80.4 per cent direct and
indirect interest in the Bahamian island's only utility company once
the deal closes...