Eversource Energy to sell Aquarion Water in $2.4B deal (NYSE:ES)

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1 year ago

JHVEPhoto/iStock Editorial via Getty Images

Eversource Corporate Office on Prospect Street in Hartford, Connecticut, USA — JHVEPhoto/iStock Editorial via Getty Images

Eversource Energy (NYSE:ES) said Monday it agreed to sell Aquarion Water Company to the Aquarion Water Authority for a ~$2.4B total enterprise value, including $1.6B in cash and $800M of net debt.

Eversource (ES) said the proceeds from the