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Eversource sells Aquarion Water for $1.6 billion

The Boston Globe · 2d

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.

Seacoastonline.com · 3d

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.

dailyenergyinsider · 1d

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,

2d

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 ...

3d

Eversource Strengthens Focus on Electric, Gas Business with $2.4 Billion Aquarion Sale

Eversource to sell Aquarion Water for $2.4B to reduce debt and reinvest in core businesses. EPS growth target reaffirmed.

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