Eversource sells Aquarion Water for $1.6 billion

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 Energy Announces Sale of Aquarion Water Company
Eversource Energy (NYSE:ES) ("Eversource") today announced that it has entered into a definitive agreement to sell Aquarion Water Company ("Aquarion") to the Aquarion Water Authority ("AWA"), a quasi-public corporation and political subdivision of the State of Connecticut and a standalone,
Eversource sells Aquarion Water for $1.6 billion to New Haven regional water authority
Bridgeport-based Aquarion serves nearly 250,000 customers in 72 cities and towns across Connecticut, Massachusetts, and New Hampshire.
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 gas businesses.
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.
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Local family-owned business utilizes help from Eversource efficiency program
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Why Did Scotiabank Give Eversource Energy (ES) Stock Sector Underperform Rating?
Eversource Energy (ES) stock saw a modest uptick, ending the day at $56.32 which represents a slight increase of $0.09 or 0.16% from the prior close of $56.23. The stock opened at $55.94 and touched a ...
A first-of-its kind project is tapping energy beneath the ground to heat and cool homes
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Wells Fargo Sticks to Their Buy Rating for Eversource Energy (ES)
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From property taxes to energy bills, how policy choices affect your cost of living
The first law of holes states that if you find yourself in a hole, stop digging. I’d like to propose a corollary: When your ...
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What’s Causing Eversource Energy (ES) Stock’s -9.67% Drop Over the Last Six Months?
Eversource Energy (ES) stock saw a decline, ending the day at $55.79 which represents a decrease of $-2.44 or -4.19% from the prior close of $58.23. The stock opened at $57.85 and touched a low of $55 ...
Nisa Investment Advisors LLC Has $4.20 Million Stock Holdings in Eversource Energy (NYSE:ES)
Nisa Investment Advisors LLC grew its holdings in Eversource Energy (NYSE:ES – Free Report) by 12.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange ...