Company: EMICF
Filing Date: 2025-09-29
Form Type: 424B2
Source: 0000950103-25-012357
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Company: EMERA INC
Filing Date: 2025-09-29
Form: 424B2
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The information
in this preliminary prospectus supplement and the accompanying prospectus is not complete and may be changed. A registration statement
relating to these securities has been filed with the Securities and Exchange Commission. This prospectus supplement and the accompanying
prospectus are not an offer to sell these securities and are not soliciting offers to buy these securities in any jurisdiction where
the offer or sale is not permitted.

Filed pursuant to Rule 424(b)(2)
Registration No. 333-290501

Registration No. 333-290502

<div align='center'>Subject to Completion, Dated September
29, 2025</div>

Preliminary Prospectus Supplement
(To Prospectus Dated September 26, 2025)

<div align='center'>US$

EUSHI FINANCE, INC.

% Fixed-to-Fixed Reset Rate Junior Subordinated Notes Due 2056

fully and unconditionally guaranteed on a subordinated basis by

EMERA INCORPORATED

EMERA US HOLDINGS INC.</div>

EUSHI Finance, Inc. (the
“Issuer”) is offering US$ aggregate principal amount of %
Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2056 (the “Notes”). The Notes will bear interest (i) from and including
the original issue date (as defined herein) to but excluding , 2031 (the “First Reset Date”), at the rate of %
per annum and (ii) from and including the First Reset Date, during each Reset Period (as defined herein), at a rate per annum equal to
the Five-year U.S. Treasury Rate (as defined herein) as of the most recent Reset Interest Determination Date (as defined herein), plus
a spread of % to be reset on each Reset Date (as defined herein); provided,
that the interest rate during any Reset Period will not reset below %
(which equals the initial interest rate on the Notes). The Notes will mature on ,
2056. Interest on the Notes will accrue from and including , 2025 and
will be payable semi-annually in arrears on and of
each year, beginning on , 2026.

So long as no Event of Default
(as defined herein) with respect to the Notes has occurred and is continuing, we may, at our option, defer interest payments on the Notes,
from time to time, for one or more deferral periods of up to 20 consecutive semi-annual Interest Payment Periods (as defined herein