Eversource Energy Announces Sale of Aquarion Water Company
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Eversource Energy has announced the sale of Aquarion Water Company to the Aquarion Water Authority, a new quasi-public corporation in Connecticut. This move is part of Eversource's strategic decisions to focus on its core energy business.
January 27, 2025 | 11:15 pm
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Eversource Energy is selling Aquarion Water Company to the Aquarion Water Authority, a move that aligns with its strategy to concentrate on its core energy business.
The sale of Aquarion Water Company allows Eversource Energy to streamline its operations and focus on its primary energy business. This strategic move is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price.
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