Eversource Energy explores selling Aquarion Water subsidiary, impacting 236,000 customers, with SJW Group as a potential buyer.
Eversource Energy is exploring the sale of its Aquarion Water subsidiary, affecting over 236,000 customers across three states. The California-based corporate parent of Connecticut Water Co. is seen as a potential buyer, along with SJW Group, who acquired a Connecticut water utility in 2019. Financial analysts suggest SJW's existing presence in the state makes it a logical acquirer of Aquarion.
March 23, 2024
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