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    • Thanks for your question. In addition to acquisitions, Emera continues to build new projects. Those include the $600 million Labrador Island Link. It will transmit power from a new hydroelectric facility at Muskrat Falls, Labrador, to the island of Newfoundland. The company owns 59% of the Labrador Island Link, while Nalcor (Newfoundland’s government-owned power company) owns the remaining 41%.

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