Eversource Acquires Mystic Property from Constellation

Eversource Energy, one of the largest energy companies in the United States, has recently acquired the Mystic Property from Constellation, a major energy supplier. The Mystic Property, located in Massachusetts, spans over 26 acres and is strategically positioned for potential development as an interconnection hub. This acquisition marks a significant step forward for Eversource in expanding its infrastructure and improving grid reliability.

The acquisition of the Mystic Property aligns with Eversource's long-term growth strategy, as the company aims to enhance its capabilities in renewable energy and grid modernization. By acquiring the property, Eversource gains a valuable asset for potential future interconnection projects that would help facilitate the integration of renewable energy sources, such as wind and solar, into the grid.

Eversource President and CEO, Joe Nolan, expressed excitement about the acquisition, stating, "This acquisition is a testament to our commitment to a clean energy future and our dedication to providing reliable, sustainable power to our customers. The Mystic Property presents a unique opportunity for us to strengthen our infrastructure and support the growth of renewable energy in the region."

The acquisition of the Mystic Property is expected to have a positive impact on the local economy, creating job opportunities in construction, operations, and maintenance. Furthermore, it will contribute to the overall energy transition by enabling the efficient and reliable transmission of renewable energy across the region.

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