Aquarion, Water Company and Eversource Energy

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,
Eversource Energy Strikes $2.4 Billion Deal to Offload Water Supply Unit
Eversource Energy (ES) agreed to sell its public water supply unit to a local water authority in Connecticut in a deal worth roughly $2.4 billion, as the utility firm looks to focus on its core businesses.
Eversource Energy to Sell Aquarion Water in Deal Valued at $2.4B
Eversource Energy is selling Aquarion Water to a local water authority in Connecticut in a deal with an enterprise value of $2.4 billion. The company said Monday its agreement with the Aquarion Water Authority includes about $1.6 billion in cash and $800 million of net debt that will be extinguished at closing.
Eversource to sell its water business for $2.4 billion
Eversource plans to sell its water utility as it recovers from offshore wind losses and refocuses its business strategy.
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 ...
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 ...
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 ...
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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 ...
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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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Eversource Working Through Challenges in Connecticut
we think Eversource's utilities have ample growth opportunities as the Northeast states pursue aggressive clean energy goals. Some state regulators particularly in Connecticut have pushed back ...