Unveiling The Owner Of Tampa Electric Company: A Corporate Journey

TECO Energy, the parent company of Tampa Electric, was acquired by Emera, a utility holding company based in Halifax, Nova Scotia, Canada, on July 1, 2016. TECO Energy, Inc. became a wholly owned subsidiary of Emera, Inc. Tampa Electric is one of Florida’s largest investor-owned electric utilities.

TECO Energy Inc. is the parent company of Tampa Electric

TECO Energy is an energy-related holding company based in Tampa, Florida and a subsidiary of Emera Incorporated. Tampa Electric's parent company, Emera Inc., announced the appointment of Archie Collins as president and chief executive officer of Tampa Electric. Collins, who currently serves as the company’s chief operating officer, will take on the role of president and COO immediately and will transition to president and CEO in May.

In 1899, Colonel Peter O. Knight created Tampa Electric Company to serve the energy needs of a growing Tampa community. At the end of the century, Tampa Electric and parent company, TECO Energy, employed more than 5,000 men and women in six states and South America.

On September 4, 2015, Emera, a utility holding company based in Halifax, Nova Scotia, Canada, announced the pending acquisition of TECO Energy. That purchase closed on July 1, 2016, and TECO Energy, Inc. became a wholly owned subsidiary of Emera, Inc. In late 2021, Tampa Electric announced its vision for its power plants to achieve a net zero carbon emission future by 2050. As part of its initiative, Tampa Electric will increase the use of zero/low-carbon technologies, which will improve renewable energy capabilities.

Tampa Electric is one of Florida's largest investor-owned electric utilities

TECO Energy Inc. is an energy-related holding company based in Tampa, Florida, and a subsidiary of Emera Incorporated. Tampa Electric, which provides electricity to the Tampa Bay Area and parts of Central Florida, is one of Florida’s largest investor-owned electric utilities. It serves more than 830,000 customers in West Central Florida.

TECO Energy was previously in the S&P 500 before it became private due to its acquisition by Emera. Tampa Electric announced its vision for its power plants to achieve a net zero carbon emission future by 2050. As part of its initiative, Tampa Electric will increase the use of zero/low-carbon technologies, which will improve renewable energy capabilities.

Peoples Gas Company, which provides natural gas throughout Florida, is also a subsidiary of TECO Energy. Peoples Gas System Inc. is Florida’s largest natural gas distribution utility, serving nearly 470,000 homes and businesses across the state.

TECO Energy was acquired by Emera, a utility holding company based in Halifax, Nova Scotia, Canada, on July 1, 2016. Emera has investments throughout North America, and in four Caribbean countries. Emera’s common and preferred shares are listed on the Toronto Stock Exchange and trade respectively under the symbol EMA, EMA.PR.A, EMA.PR.B, EMA.PR.C, EMA.PR.E, EMA.PR.F and EMA.PR.H.

Tampa Electric welcomed Archie Collins as its next president and CEO. Collins, who currently serves as the company’s chief operating officer, will take on the role of president and COO immediately and will transition to president and CEO in May. Collins has more than 30 years of experience in the energy industry, holding increasingly senior roles within Emera.

Tampa Electric serves more than 830,000 customers in West Central Florida

TECO Energy Inc. is an energy-related holding company based in Tampa, Florida, and a subsidiary of Emera Incorporated. TECO Energy has several subsidiaries, including Tampa Electric, which provides electricity to the Tampa Bay Area and parts of Central Florida. Tampa Electric is one of Florida’s largest investor-owned electric utilities. It serves more than 830,000 customers in West Central Florida.

Peoples Gas Company, which provides natural gas throughout Florida, is another subsidiary of TECO Energy. Peoples Gas System Inc. is Florida’s largest natural gas distribution utility, serving nearly 470,000 homes and businesses across the state.

TECO Services, which provides IT, HR, legal, facilities, and other services to current and former TECO subsidiaries, is another subsidiary of TECO Energy.

TECO Energy was previously in the S&P 500 before it became private due to its acquisition by Emera. Emera is a utility holding company based in Halifax, Nova Scotia, Canada. On September 4, 2015, Emera announced the pending acquisition of TECO Energy. That purchase closed on July 1, 2016, and TECO Energy, Inc. became a wholly owned subsidiary of Emera, Inc.

In late 2021, Tampa Electric announced its vision for its power plants to achieve a net zero carbon emission future by 2050. As part of its initiative, Tampa Electric will increase the use of zero/low-carbon technologies, which will improve renewable energy capabilities.

Tampa Electric's parent company, Emera Inc., is based in Halifax, Nova Scotia, Canada

TECO Energy Inc. is an energy-related holding company based in Tampa, Florida, and a subsidiary of Emera Incorporated. Tampa Electric is one of Florida’s largest investor-owned electric utilities and serves more than 830,000 customers in West Central Florida.

TECO Energy was created in 1899 by Colonel Peter O. Knight to serve the energy needs of a growing Tampa community. Modern downtown offices were opened in 1914 at the corner of Cass and Tampa Street. At the end of the century, Tampa Electric and its parent company employed more than 5,000 men and women in six states and South America.

On September 4, 2015, Emera, a utility holding company based in Halifax, Nova Scotia, Canada, announced the pending acquisition of TECO Energy. That purchase closed on July 1, 2016, and TECO Energy, Inc. became a wholly owned subsidiary of Emera, Inc. In late 2021, Tampa Electric announced its vision for its power plants to achieve a net zero carbon emission future by 2050.

Emera has investments throughout North America, and in four Caribbean countries. Emera’s common and preferred shares are listed on the Toronto Stock Exchange and trade respectively under the symbol EMA, EMA.PR.A, EMA.PR.B, EMA.PR.C, EMA.PR.E, EMA.PR.F and EMA.PR.H. Depositary receipts representing common shares of Emera are listed on the Barbados Stock Exchange under the symbol EMABDR and on The Bahamas International Securities Exchange under the symbol EMAB.

Additional information can be accessed at www.emera.com or at www.sedar.com. Tampa Electric, one of Florida’s largest investor-owned electric utilities, serves about 800,000 customers in West Central Florida.

Tampa Electric was founded in 1899 by Colonel Peter O. Knight

Colonel Peter O. Knight founded Tampa Electric Company in 1899. The company was created to serve the energy needs of a growing Tampa community. Some 28 employees served 1200 customers with electricity from the region's first power plant, one powered by the water of the Hillsborough River. In 1903 a steam generating plant, renamed the Peter O. Knight Station in 1969, was built on Jackson Street and by 1906 the first turbo-generator was installed. At the dawn of the 20th Century, Tampa Electric Company promoted such conveniences as electric lights and fans, and over more than 20 miles of track connecting Tampa, Ybor City and Ballast Point.

Today, Tampa Electric is one of Florida’s largest investor-owned electric utilities. It serves more than 830,000 customers in West Central Florida. Peoples Gas System Inc. is Florida’s largest natural gas distribution utility, serving nearly 470,000 homes and businesses across the state. The company primarily invests in regulated electricity generation and electricity and gas transmission and distribution with a strategic focus on transformation from high carbon to low carbon energy sources. Emera has investments throughout North America, and in four Caribbean countries. Emera’s common and preferred shares are listed on the Toronto Stock Exchange and trade respectively under the symbol EMA, EMA.PR.A, EMA.PR.B, EMA.PR.C, EMA.PR.E, EMA.PR.F and EMA.PR.H. Depositary receipts representing common shares of Emera are listed on the Barbados Stock Exchange under the symbol EMABDR and on The Bahamas International Securities Exchange under the symbol EMAB. Additional Information can be accessed at www.emera.com or at www.sedar.com.

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