Company: EMICF
Filing Date: 2025-09-30
Form Type: 424B2
Source: 0000950103-25-012565
Chunk: 6

Company: EMERA INC
Filing Date: 2025-09-30
Form: 424B2
Chunk 6
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a will continue to have reasonable access
to capital in the near to medium term; expected debt maturities, repayments and renewals; expectations about increases in interest expense
and/or fees associated with debt securities and credit facilities; no material adverse credit rating actions expected in the near term;
the successful development of relationships with various stakeholders, the impact of currency fluctuations; expected changes in electricity
rates; and the impacts of planned investment by the industry of gas transportation infrastructure within the United States.

The forecasts and projections
that make up the forward-looking information are based on reasonable assumptions which include, but are not limited to: the receipt of
applicable regulatory approvals and requested rate decisions; no significant operational disruptions or environmental liability due to
a catastrophic event or environmental upset caused by severe weather or global climate change, other acts of nature or other major events;
seasonal weather patterns remaining stable; no significant cyber or physical attacks or disruptions to Emera’s systems (other than
the Cybersecurity Incident); the continued ability to maintain transmission and distribution systems to ensure their continued performance;
continued investment in solar, wind and hydro generation; continued natural gas activity; no severe and/or prolonged downturn in economic
conditions; sufficient liquidity and capital resources; the continued ability to hedge exposures to fluctuations in interest rates, foreign
exchange rates and commodity prices; no significant variability in interest rates; expectations regarding the nature, timing and costs
of capital investment of Emera and its subsidiaries; expectations regarding rate base growth; the continued competitiveness of electricity
pricing when compared with other alternative sources of energy; the continued availability of commodity supply; the absence of significant
changes in government energy plans and environmental laws and regulations that may materially affect Emera’s operations and cash
flows; maintenance of adequate insurance coverage; the ability to obtain and maintain licenses and permits; no material decrease in market
energy sales prices; favorable labor relations; and sufficient human resources to deliver service and execute Emera’s capital investment
plan.

The forward-looking information
is based on reasonable assumptions and is subject to risks, uncertainties and other factors that could cause actual results to differ
materially from historical results or results anticipated by the forward-looking information. Factors that could cause results or events
to differ from current expectations include, without limitation: regulatory and political risk; change in law risk; operating and maintenance
risks; changes in economic conditions; commodity price and

<div align='center'>S-iii</div>

availability risk; liquidity
and capital markets risk; changes in credit ratings; future dividend