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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 sells off Aquarion to new quasi-public company
One of the reservoirs Aquarion uses to deliver water to Connecticut residents. Photo courtesy of Aquarion Water Co. A not-for-profit,
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 Aquarion Water Company for $2.4B
Energy “announced that it has entered into a definitive agreement to sell Aquarion Water Company to the Aquarion Water
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 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.
16h
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 ...
2d
Utility firm Eversource to sell water supply unit in $2.4 billion deal
Eversource Energy said on Monday it has agreed to sell its public water supply unit in a deal valued at $2.4 billion, as the utility firm aims to pare debt and focus on the core electric and natural ...
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 ...
Hosted on MSN
19h
Eversource breaks ground on US Greater Cambridge Energy Program
Eversource and its partners have broken ground on a transmission initiative, the Greater Cambridge Energy Program (GCEP).
13d
Connecticut lawmakers focused on lowering electricity costs, increasing energy production
Lawmakers in Connecticut said they are focused on improving the cost of electricity for ratepayers and enhancing reliability.
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