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Eversource Energy Agrees to Sell Aquarion Water Company to Aquarion Water Authority

Jan 27, 2025

Contract Type

agreement

SpringfieldEnergyOil And GasReal EstateRenewable EnergyBiomass Energy

Description

Eversource Energy has announced the signing of a definitive agreement to sell Aquarion Water Company to the Aquarion Water Authority for an aggregate enterprise value of approximately $2.4 billion. The sale will enable Eversource to focus on its core electric and natural gas businesses, reinforcing its financial position and long-term growth target.

Company Information

Company

Eversource Energy

Location

Springfield, Massachusetts, United States

About

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.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.