Company: EMICF
Filing Date: 2025-09-29
Form Type: 424B2
Source: 0000950103-25-012357
Chunk: 3

Company: EMERA INC
Filing Date: 2025-09-29
Form: 424B2
Chunk 3
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 are located outside of the United States.

Prospective investors should
be aware that, during any period in which offers and sales of the Notes are being made, the registrants or their respective affiliates,
directly or indirectly, may bid for or make purchases of the Notes or certain related debt securities, as permitted by applicable laws
or regulations of Canada, or its provinces or territories.

Affiliates of RBC Capital Markets, LLC and Scotia Capital (USA) Inc. are lenders under a committed revolving credit facility (the “Revolving Facility”) in respect of which Emera and EUSHI, are borrowers and an affiliate of RBC Capital Markets, LLC is a lender under an unsecured non-revolving credit facility (the “Non-Revolving Facility”) in respect of which Emera is a borrower. Accordingly, the Issuer may be considered a “connected issuer” of the underwriters and their affiliates for purposes of securities regulations in certain provinces of Canada. Please see the section entitled “Underwriting”.

|                                  | Per  
 Note | Total |    |
| Public offering price            | %    | US$   | -1 |
| Underwriting discount            | %    | US$   |    |
| Proceeds to us (before expenses) | %    | US$   | -1 |

| (1) | Plus accrued interest, if any, from           , 
 2025, if settlement occurs after that date.     |

The underwriters expect to
deliver the Notes to the purchasers in book-entry form through the facilities of The Depository Trust Company (“DTC”) and
its direct and indirect participants, including Clearstream Banking S.A. and Euroclear Bank SA/SV, as operator of the Euroclear System,
against payment in New York, New York on or about , 2025.

<div align='center'>Joint Book-Running Managers</div>

| J.P. Morgan | Morgan Stanley 
 Scotiabank     | MUFG                   
 Wells Fargo Securities | RBC Capital Markets |

<div align='center'>,
2025

TABLE OF CONTENTS

Prospectus Supplement</div>

Page

| About This Prospectus                             | S-ii  |
| Special Note Regarding Forward-Looking Statements | S-iii |
| Where You Can Find More Information               | S-v   |
| Documents Incorporated by Reference               | S-v   |
| Third Party Sources and Industry Data             | S-vi  |
| Currency                                          | S-vii |
| Summary                                           |