Emera Executive Sarah MacDonald named President and CEO of Grand Bahama Power Company

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Chris Huskilson, President and CEO, Emera Inc. announced today that Sarah MacDonald has been appointed President and CEO of the Grand Bahama Power Company. In her current role as Executive Vice President of Human Resources at Emera and CEO of Emera Utility Services, Sarah has been working with the Emera Caribbean companies as they become part of the Emera family. This new role will allow Ms. MacDonald to focus on stabilizing and strengthening operations at GBPC.

Grand Bahama Power welcomes new Assistant Financial Controller

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The Grand Bahama Power Company is pleased to announce the appointment of Learline Burrows as Assistant Financial Controller. Ms. Burrows comes to us from Sky Bahamas where she served as Finance Director for one year. Prior to that she was engaged at PricewaterhouseCoopers where she had risen to the post of Senior Associate.

Emera Executive Robinson to lead Grand Bahama Power Company Revitalization

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Emera Inc. executive Ray Robinson, will now become Executive Chairman of the Grand Bahama Power Company effective immediately. Ray will work closely with GBPC President, Alan Kelley to revitalize the utility.

Robinson, an engineer, has been working on Emera’s Caribbean business for some time and will now turn his focus to Grand Bahama. During his tenure with the Emera he spent three years as the President and Chief Operating Officer of Bangor Hydro Electric Company, in Maine, USA, serving over 117,000 customers improving reliability, stakeholder relations and customer service, while lowering electrical costs to customers over that period.

Emera increases interest in Grand Bahama Power Company Limited

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Emera Inc. announced today that it has purchased an additional 55.4 percent of direct and indirect interest in Grand Bahama Power Company Limited (GBPC) from MaruEnergy Grand Bahama Limited, an indirect subsidiary of Marubeni TAQA Caribbean Ltd., for US $82 million. The acquisition brings Emera’s direct and indirect interest in GBPC to 80.4 percent.