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Stocks•1 July 2026•

1 min read

Eversource closes $2.4B sale of Aquarion Water to non-profit

Key Facts

1Eversource Energy closed the $2.4 billion sale of Aquarion Water Company to a non-profit entity affiliated with the South Central Connecticut Regional Water Authority.

In a move that reshapes its portfolio, Eversource Energy announced the closing of the $2.4 billion sale of Aquarion Water Company to a non-profit entity affiliated with the South Central Connecticut Regional Water Authority. According to local reports, the transaction converts Aquarion into a non-profit with customer representation on a policy board, ending a politically contested process in Connecticut.

Eversource stock (ES) showed little reaction to the announcement, closing at $72.27 on June 30, 2026, as the market focused on Fed stress test results and US inflation data. Customers may face moderate rate increases of 6–8% over the next decade, but the near-term impact on the company's earnings remains limited given the sale was completed as expected.

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