Stocks-Prognosis.com
Search on StockPrognosis.com
To search on the site stockprognosis.com enter the name of the ticker, company name, or search phrase
Sections of the site



Eversource Energy Expands Renewable Power Capacity with Strategic Acquisition

December 29, 2024
Eversource Energy, a leading energy company on the New York Stock Exchange (NYSE: ES), has recently secured a strategic 26-acre energy hub in Massachusetts. This acquisition will further enhance the company's capacity in renewable power integration, positioning it as a key player in the clean energy sector.

The past three years have been challenging for Eversource Energy investors, with profitability remaining elusive. However, this latest move signifies the company's commitment to diversifying its portfolio and embracing sustainable energy sources.

The newly acquired property, located in Mystic, was purchased from Constellation, giving Eversource Energy exclusive access to a prime location. This will allow the company to leverage its existing infrastructure and expertise in the renewable energy sector, as it aims to meet the increasing demand for clean power.

Institutional investors are particularly interested in Eversource Energy, with 84% ownership among this group. This demonstrates the confidence placed in the company's long-term growth potential in the renewable energy market.

While this news does not provide specific recommendations to buy or sell Eversource Energy stocks, investors seeking insights into the future movement of these stocks can turn to professionals specialized in stock market prognosis like Stocks Prognosis.

With Eversource Energy's strategic acquisition and focus on renewable energy, the company is poised to capitalize on the growing demand for sustainable power solutions. This move is a testament to Eversource Energy's commitment to environmental sustainability and the transition to a cleaner energy future.
If you want to leave a comment, then you need Login or Register





Other data for ES

Related data

ESJuly 17, 2025Eversource Energy: Leading the Way in Renewable Energy Innovation  ~1 min.

Eversource Energy, a prominent energy company, is making waves in the industry with its commitment to renewable energy innovation....

ESJune 10, 2025QuantWave Forecast Success: EVERSOURCE ENERGY Hits Price Target with 14.34% Profit  ~2 min.

On April 4, 2025, QuantWave, the automated forecasting platform, issued a long signal for EVERSOURCE ENERGY with a price of $57.62....

ESMay 20, 2025EVERSOURCE ENERGY Hits 9.2% Profit Target as Predicted by QuantWave  ~2 min.

Ever since QuantWave's forecast signal on February 18, 2025, predicting a long position on EVERSOURCE ENERGY at a price of $60.03, investors have eagerly awaited the fulfillment of this prophecy....

ESMay 20, 2025EVERSOURCE ENERGY Hits QuantWave Price Target Forecast, Generates 12.81% Profit  ~2 min.

On May 2, 2025, QuantWave, the automated forecasting platform, issued a long signal for EVERSOURCE ENERGY with a price target forecast of $65.55. The stock was trading at $58....

ESMay 16, 2025EVERSOURCE ENERGY Hits Price Target Forecast with 7.92% Profit Potential  ~1 min.

As of May 5th, 2025, QuantWave issued a price target forecast for EVERSOURCE ENERGY, with a long signal and a price of $58.56....

ESMay 16, 2025QuantWave Hits Forecast Target with EverSource Energy, Generating 8.76% Profit  ~1 min.

EverSource Energy has recently seen its stock hit the forecast target set by QuantWave on May 2, 2025. The forecast indicated a long position with the price at 58.11 $....

ESMarch 22, 2025Eversource Energy Holds Assistance Event Amid Concerns Over High Energy Bills  ~1 min.

Eversource Energy, a leading energy company, recently held an assistance event to help customers struggling with high energy bills....

ESMarch 17, 2025Eversource Energy celebrates Massachusetts regulators' $500M reduction in Mass Save plan  ~2 min.

Eversource Energy, one of the leading energy companies in New England, is celebrating a significant reduction in the Mass Save plan....

ESMarch 16, 2025Why Is Eversource ES Down 0.5 Since Last Earnings Report?  ~2 min.

Eversource Energy (ES), a leading energy utility company, has seen a dip of 0.5% in its stock value since its last earnings report....

ESMarch 15, 2025Jones Financial Companies Lllp Acquires 1840 Shares of Eversource Energy NYSE:ES  ~2 min.

Eversource Energy, a leading electric and gas utility company, has recently witnessed an increase in shares as Jones Financial Companies Lllp acquired 1840 shares of the company's stock....

ESMarch 17, 2025Eversource Energy celebrates Massachusetts regulators' $500M reduction in Mass Save plan  ~2 min.

Eversource Energy, one of the leading energy companies in New England, is celebrating a significant reduction in the Mass Save plan....

ESDecember 31, 2024Eversource Secures Strategic 26-Acre Energy Hub for Renewable Power Integration in Massachusetts  ~2 min.

Eversource Energy has recently announced the acquisition of a 26-acre energy hub in Massachusetts, solidifying its strategic position in the renewable power sector....

ESJanuary 6, 2025Eversource Energy Launches New Interconnection Hub in Massachusetts  ~1 min.

Eversource Energy, a leading electric utility company, has announced the acquisition of a property in Massachusetts for the development of a potential interconnection hub....

ESDecember 28, 2024Eversource Energy Acquires Strategic 26-Acre Energy Hub in Massachusetts  ~2 min.

Eversource Energy NYSE:ES, a leading energy company, has announced the acquisition of a 26-acre energy hub in Massachusetts as part of its commitment to renewable power integration....

ESDecember 30, 2024Eversource Energy Continues to Expand Renewable Power Integration with Strategic Acquisition  ~2 min.

Eversource Energy (NYSE:ES) has recently secured a strategic 26-acre energy hub in Massachusetts, marking another significant step towards their goal of renewable power integration....