03:18 PM EDT, 07/30/2026 (MT Newswires) -- Emera ( EMA ) received final approval from the New Mexico Public Regulation Commission for the sale of New Mexico Gas to Bernhard Capital Partners in a $1.25 billion deal.

The deal is expected to close in August, Emera ( EMA ) said Thursday in a statement.

Proceeds of $650 to $700 million will be used to support investment opportunities across Emera's ( EMA ) regulated utility businesses and help repay debt, according to the statement.

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