Aquarion, Eversource

Eversource sells its Aquarion water business to Conn. authority for $2.4 billion
Nearly eight years after Eversource decided to dive into the water business, the utility is getting out of it entirely with a deal to sell its Aquarion Water Co. division to a newly created quasi-public authority in Connecticut.
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 agrees to sell Aquarion Water to the Regional Water Authority for $2.4 billion
Eversource said previously it would sell Aquarion after utility regulators in 2023 denied a rate increase for Aquarion
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 Agrees To Sell Aquarion Water Co. For $2.4B
Eversource has entered into a definitive agreement to sell Aquarion Water Company to the newly created Aquarion Water Authority for $2.4 billion, the company announced this week.
Eversource to sell Aquarion Water Company for $2.4 billion
Eversource has announced a final agreement to sell Aquarion Water Company for approximately $2.4 billion. The company is being sold to Aquarion Water Authority and South-Central Connecticut Regional Water Authority.
Eversource sells Aquarion for $2 billion
Eversource announced on Monday that they sold Aquarion Water Company, according to a press release. Aquarion has been acquired by Aquarion Water Authority (AWA), a quasi-public corporation and a standalone authority alongside the South Central Connecticut Regional Water Authority (RWA).
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 to sell Aquarion Water in $2.4B deal
Eversource Energy (NYSE:ES) said Monday it agreed to sell Aquarion Water Company to the Aquarion Water Authority for a ~$2.4B total enterprise value, including $1.6B in cash and $800M of net debt. Eversource (ES) said the proceeds from the sale will allow it to pay down parent company debt while reinvesting capital into its core electric and
Eversource sells Mass. water provider serving Millbury, Oxford
Eversource is selling its subsidiary that provides water to five Massachusetts towns to a newly created quasi-public water authority in Connecticut.
The News-Times2d
Will the $2.4 billion acquisition of Aquarion affect customer rates? Not everyone agrees.
Officials of the New Haven-based Regional Water Authority say their planned multi-billion deal to acquire Aquarion Water ...
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 ...
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Eversource agrees to sell Aquarion Water Company for $2.4 billion
The sale to the newly-created Aquarion Water Authority, a standalone, newly-created water authority alongside the RWA, is ...