2 days ago · Under Eversource’s ownership, Aquarion added approximately 30,000 customers through six acquisitions – including New England Service Company (Connecticut, New Hampshire, Massachusetts) in 2021 ...

2 days ago · 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.

1 day ago · 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, includes approximately $1.6 billion in cash and $800 million of net debt that will be extinguished at closing.

2 days ago · Through Eversource, Aquarion Water Company served about 775,000 people, or 250,000 people in Connecticut. The transaction is still pending approvals through the New Hampshire, Connecticut and ...

3 days ago · Eversource sells Aquarion Water for $1.6B cash to New Haven regional water authority in $2.4B deal. By Luther Turmelle, Staff Writer Jan 27, 2025.

Eversource said Monday it has reached an agreement to sell its Aquarion Water Company subsidiary for about $2.4 billion to the Aquarion Water Authority, a newly created affiliate of the quasi public South Central Connecticut Regional Water Authority. The sale, which requires regulatory approval in Connecticut, New Hampshire and Massachusetts, includes about $1.6 …

3 days ago · Under Eversource’s ownership, Aquarion has added approximately 30,000 customers through six acquisitions – including New England Service Company (CT, NH, MA) in 2021, The Torrington Water Company (CT) in 2022 and the Pinehills Water System in Plymouth (MA) in 2023 – that grew the rate base by a combined aggregate of approximately $200 ...

2 days ago · The sale is valued at $2.4 billion, including $1.6 billion in cash and $800 million in debt to be extinguished upon closing. Eversource acquired Aquarion in 2017 for nearly $1.7 billion.

4 days ago · Ropes & Gray represented Eversource Energy in a definitive agreement to sell Aquarion Water Company for approximately $2.4 billion to the Aquarion Water Authority, a quasi-public corporation and political subdivision of the State of Connecticut and a standalone, newly created water authority alongside the South Central Connecticut Regional Water Authority.

2 days ago · Eversource, New England’s largest utility, announced that a new affiliate of the South Central Connecticut Regional Water Authority has agreed to buy Aquarion for $1.6 billion in cash, as well ...