Company: EMICF
Filing Date: 2025-09-30
Form Type: 424B2
Source: 0000950103-25-012565
Chunk: 102

Company: EMERA INC
Filing Date: 2025-09-30
Form: 424B2
Chunk 102
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 Debt Securities, and us.

The following description
of the Indentures and the Debt Securities is a summary only. Please refer to the complete text of the provisions of the Debt Securities
and the applicable Indenture, including the definition of certain terms in the applicable Indenture. It is the respective Indenture, and
not this summary, that governs the rights of holders of Debt Securities. Capitalized terms that are used in this section and not defined
have the meanings assigned to them in the Indenture. We have defined selected terms at the end of this section.

General

The Indentures provide that
an unlimited amount of Debt Securities may be issued from time to time in one or more series and may be denominated and payable in U.S.
dollars or any other currency; however, we may offer no more than US$3,000,000,000 (or the equivalent in non-U.S. Currency) aggregate
principal amount of Debt Securities pursuant to this prospectus. The specific terms of any series of Debt Securities will be established
at the time of issuance and will be described in the applicable prospectus supplement. These terms may include, but are not limited to,
any of the following:

| · | classification as senior or subordinated Debt Securities; |

| · | if the Debt Securities are subordinated, the aggregate amount of outstanding indebtedness as of a recent                  
 date, that is senior to the subordinate securities, and any limitation on the issuance of additional senior indebtedness; |

| · | the specific designation of the Debt Securities; |

| · | the issuer and guarantors, if applicable; |

| · | any limit on the aggregate principal amount of the Debt Securities; |

| · | the date or dates, if any, on which the Debt Securities will mature and the portion (if other than all      
 of the principal amount) of the Debt Securities to be payable upon declaration of acceleration of Maturity; |

| · | the rate or rates per annum (which may be fixed or variable) at which the Debt Securities will bear interest,                             
 if any, the date or dates from which any such interest will accrue, the Interest Payment Dates on which any such interest will be payable 
 and the Regular Record Dates for any interest payable on the Debt Securities which are in registered form;                                |

| · | any mandatory or optional redemption or sinking fund provisions, including the period or periods within                                    
 which, the price or prices at which and the terms and conditions upon which