Eversource Energy to Sell Aquarion Water Company for $2.4B
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Eversource Energy (ES) is selling Aquarion Water Company for $2.4 billion to focus on its core electric and natural gas operations.
January 28, 2025 | 4:45 pm
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Eversource Energy is selling Aquarion Water Company for $2.4 billion, which will allow it to concentrate on its primary electric and natural gas operations.
The sale of Aquarion Water Company for $2.4 billion is a strategic move by Eversource Energy to streamline its operations and focus on its core electric and natural gas businesses. This could potentially improve operational efficiency and financial performance, leading to a positive short-term impact on ES's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100