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Eversource sells Aquarion Water for $1.6 billion
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 won't impact customer rates.
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 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).
2d
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 ...
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 ...
2d
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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