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Eversource sells Aquarion Water for $1.6 billion
Eversource Energy to Sell Aquarion Water Company for $2.4B
ES announces sale of Aquarion Water Company. This should help the company to focus on its core electric and natural gas operations.
Eversource Energy announces sale of Aquarion Water Company for $2.4 billion
The sale, which is valued at approximately $2.4 billion, includes $1.6 billion in cash and $800 million in net debt to be extinguished at closing. The total value represents 1.7 times the rate base as of December 2024.
Eversource sells Aquarion Water Company to water authority in Connecticut
Eversource Energy is selling its Aquarion Water Company to the Aquarion Water Authority (AWA), a quasi-public corporation in the state of Connecticut, for $2.4 billion. The deal, subject to certain closing adjustments,
1h
Eversource and Avangrid sue Connecticut utility regulator over decision-making process
Eversource and Avangrid are suing Connecticut's PURA, alleging Chairwoman Marissa Gillette has monopolized decision-making ...
6h
on MSN
Eversource, Avangrid sue PURA, claiming CT utility regulators violated law for years
The practice violates regulatory law establishing PURA as an impartial, multi-commissioner and quasi-judicial authority, as ...
1h
on MSN
Eversource, UI sue PURA, alleging leader overstepped authority
The lawsuit escalated a long-running feud between PURA Chairwoman Marissa Gillett and CT utilities Eversource and United ...
22h
on MSN
Eversource Energy's SWOT analysis: stock outlook amid regulatory hurdles, asset sales
Eversource Energy (NYSE:ES), a prominent player in the U.S. Power & Utilities sector, finds itself at a crossroads as it ...
power-grid
2h
UConn Eversource Energy Center’s Dr. Diego Cerrai on AI for storm and damage prediction
The increasing frequency and intensity of storms pose significant challenges to electric utilities, emphasizing the need for ...
Greenwich Time
12d
Do Eversource, Avangrid have too much influence at CT Capitol? They're among the biggest spenders
Connecticut's utility companies are among the biggest lobbyists at the state Capitol. Some advocates say they're holding the ...
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