Aquarion, Eversource and Connecticut

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.
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 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,
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 agrees to sell Aquarion Water Company for $2.4 billion
The sale to the newly-created Aquarion Water Authority, a standalone, newly-created water authority alongside the RWA, is expected to close in late 2025.
Eversource sells off Aquarion to new quasi-public company
One of the reservoirs Aquarion uses to deliver water to Connecticut residents. Photo courtesy of Aquarion Water Co. A not-for-profit,
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 to sell Aquarion Water Company for $2.4 billion
Eversource has announced a final agreement to sell Aquarion Water Company for approximately $2.4 billion. The company is being sold to Aquarion Water Authority and South-Central Connecticut Regional Water Authority.
Eversource sells Mass. water provider serving Millbury, Oxford
Eversource is selling its subsidiary that provides water to five Massachusetts towns to a newly created quasi-public water authority in Connecticut.
Eversource Energy to Sell Aquarion Water Company for $2.4B
Eversource Energy ES announced that it has entered into a definitive agreement to sell Aquarion Water Company (Aquarion) to the Aquarion Water Authority, a quasi-public corporation and political subdivision of the State of Connecticut and a standalone,
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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 ...