09:51 AM EST - Emera Inc : has agreed to subscribe to a private placement of subscription receipts convertible into 3,316,583 Algonquin Power & Utilities Corp common shares, subject to regulatory approval, for total proceeds of approximately $33 million. Proceeds of the subscription receipts will be used to partially fund the acquisition of Park Water. Emera Inc
shares T.EMA are trading down $0.02 at $39.26.
