Tag Archives: Utility and Review Board

Energy conglomerate spent $14.5M to bury subsea cables as result of unexpected redfish population boom!

It’s a fish story no one saw coming, at least not Halifax-based energy conglomerate Emera. The parent company of Nova Scotia Power disclosed this week to the Utility and Review Board that it spent almost $14,492,000 this summer to bury its Maritime Link cables lying on the floor of the Cabot Strait between Newfoundland and Cape Breton. The cables were protected because an unprecedented explosion in the redfish population in the Gulf of St Lawrence is about to trigger a corresponding boom in bottom trawling in the area. >click to read< 10:09