Eversource Energy (NYSE:ES), a prominent player in the U.S. Power & Utilities sector, finds itself at a crossroads as it navigates regulatory challenges, strategic asset sales, and project delays. This comprehensive analysis delves into the company's recent developments,
FuelCell Energy will build a 7.4 MW power plant in Hartford, selling electricity to Eversource and United Illuminating under a 20-year agreement.
Lawmakers in Connecticut said they are focused on improving the cost of electricity for ratepayers and enhancing reliability.
The only thing these high bills have not been blamed on is the people in charge of this state,” said Sen. Ryan Fazio, a Greenwich Republican and member of the Energy and Technology Committee.
Eversource Energy said on Monday it has agreed to sell its public water supply unit in a deal valued at $2.4 billion, as the utility firm aims to pare debt and focus on the core electric and natural gas businesses.
The Connecticut Public Utilities Regulatory Authority (PURA) recently announced updates to its Energy Storage Solutions program, including the opening of
Eversource Energy is selling Aquarion Water to a local water authority in Connecticut in a deal with an enterprise value of $2.4 billion. The company said Monday its agreement with the Aquarion Water Authority includes about $1.6 billion in cash and $800 million of net debt that will be extinguished at closing.
Eversource broke ground this week on the construction of the Greater Cambridge Energy Program (GCEP), an innovative transmission project in Cambridge, Mass. This first-of-its-kind transmission project is designed to address the increased electric demand in
The federal Energy Information Agency published its Winter Fuels Outlook 2024/2025. In this report, the agency stated that wholesale natural gas prices are lower than last year, with a projected 1% increase in the Northeast due to a weather forecast of winter temperatures 5% colder than last year.
Officials must confront at least one obstacle they cannot change: CT’s location within one of the nation’s most expensive electric markets.
Eversource and its partners broke ground on a transmission initiative, called the Greater Cambridge Energy Program (GCEP), in the US.