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Investor Presentaiton

LOWER CHURCHILL Phase 1 and Maritime Link Churchill Falls MUSKRAT FALLS (MF) GENERATION & LABRADOR TRANSMISSION (LTA) $4.57bn project value 824 MW hydroelectric facility 4.9 TWh/yr 100% Nalcor owned LABRADOR ISLAND LINK (LIL) $3.09bn project value 900 MW capacity 1,100 km Emera to invest = $400mm of equity interest in the LIL MARITIME LINK (ML) $1.577bn project value 500 MW capacity 170km undersea link 100% Emera owned for 35 years TRANSMISSION LINES Proposed Northeast Energy Link Utility Service Area 20 20 Bangor Boston Saint John Muskrat Falls Halifax Bottom Brook Cape Ray St. John's Granite Canal Soldiers Pond Point Aconi Woodbine Emera

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