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Eversource sells Aquarion Water for $1.6 billion
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 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.
Food & Wine
10h
This Popular Water Bottle Might Dethrone Owala and Stanley — and It’s 47% Off Right Now
The bonus features are game-changers, the insulation is top-notch, and the price is right — especially now that it’s 47% off for a limited time. Grab your own Ello Cooper
water
bottle now before the ...
18h
Pittsburgh council mulls referendum to bar sale of water, sewer systems to private entities
Pittsburgh voters may be asked to vote in May on whether the city should be restricted from leasing or selling its water and ...
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