Emera Maine gets a new name after sale to Alberta company

BANGOR DAILY NEWS • May 14, 2020

Maine’s second-largest electric utility now has a new name. Emera Maine will now be known as Versant Power. The name change comes after ENMAX Corp. of Calgary, Alberta, completed a $959 million transaction to acquire the utility from its parent company, Nova Scotia-based Emera, in March. With assumed debt, the deal was worth $1.3 billion.