# Emera, ATCO and Canadian Utilities announce merger of equals

Emera, ATCO and Canadian Utilities announced a definitive merger agreement to combine Emera and Canadian Utilities, creating a utility and energy infrastructure company with a pro forma enterprise value of approximately $72 billion.

- Type: Acquisition
- Announced: 2026-09-07
- Where: Halifax, Calgary, Edmonton, Canada
- Value: $72.0B
- Status: announced
- Products: electric and gas utility services, energy infrastructure
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Emera Inc.](https://endata.com/companies/35686.md)
- [Emera Inc.](https://endata.com/companies/35686.md) (acquirer)
- [Canadian Utilities](https://endata.com/companies/41332.md) (target)
- [ATCO](https://endata.com/companies/93878.md) (partner)

## Sources

- [powerandtelecom.ca](https://powerandtelecom.ca/changing-scene/emera-atco-and-canadian-utilities-announce-transformational-merger-agreement/), 2026-09-07: "Emera, ATCO and Canadian Utilities announced a definitive agreement to bring together Emera and Canadian Utilities in a merger of equals, creating a Canadian utility and energy infrastructure powerhouse."
- [sec.gov](https://www.sec.gov/Archives/edgar/data/1127248/000119312526415553/d190051dex991.htm), 2026-10-06: "Emera and Canadian Utilities will combine in a merger of equals to form a Top 20 North American utility, with approximately $72 billion in combined enterprise value"
- [investors.emera.com](https://investors.emera.com/news/news-details/2026/Emera-ATCO-and-Canadian-Utilities-Announce-Transformational-Agreement-to-Create-Canadian-Utility-and-Energy-Infrastructure-Powerhouse/default.aspx), 2026-10-06: "Emera and Canadian Utilities will combine in a merger of equals to form a Top 20 North American utility, with approximately $72 billion in combined enterprise value, $45 billion in rate base and six million customers."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.