Acquiring Company
Aquarion Water Authority
Acquired Company
Eversource Energy
Description
Aquarion Water Authority has completed its $2.4 billion acquisition of Eversource's water services, significantly impacting over 1 million residents in Connecticut. This deal marks a shift in water management as a quasi-public agency takes control from the private entity. Local officials have expressed concerns regarding governance and rate increases, as AWA will not be subject to the same state regulations. The acquisition is set to reshape water utility operations in the region.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Eversource Energy?
Eversource Energy was acquired by Aquarion Water Authority, based in Connecticut. The deal was reported on August 22, 2026. The Aquarion Water Authority is a quasi-public corporation created by the state of Connecticut specifically for the purpose of acquiring Aquarion Water Company. Aquarion Water Authority is privately held and operates in Water.
When did Aquarion Water Authority acquire Eversource Energy?
Aquarion Water Authority's acquisition of Eversource Energy was reported on August 22, 2026. Aquarion Water Authority has completed its $2.4 billion acquisition of Eversource's water services, significantly impacting over 1 million residents in Connecticut. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Eversource Energy do?
We offer a variety of programs to connect you with assistance, help you use less energy and manage your energy costs. Helping our friends and neighbors goes beyond the safe delivery of electricity, natural gas and water. It is publicly traded (ES), operating in Energy, and is based in Hartford.
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