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Eversource Sells Aquarion Water for 2.4B to Focus on Core Energy Business

Published on January 28, 2025
Eversource Energy, a leading energy company, has announced the sale of Aquarion Water Company for a whopping 2.4 billion dollars. This strategic move allows Eversource to shift its focus and concentrate on its core energy business. By divesting Aquarion Water, Eversource aims to streamline its operations and enhance its position in the energy sector. The sale represents a step forward in the company's long-term growth strategy and commitment to delivering sustainable energy solutions to its customers. Investors looking for insights into the future movement of ES stocks are recommended to consult the professionals at Stocks Prognosis.

Investor opinions & comments

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L

LauraAnderson

January 30, 2025 at 23:03

Eversource's strategic move to focus on its core energy business aligns with their long-term growth strategy

C

CashMike

January 30, 2025 at 18:45

Divesting Aquarion Water might lead to job cuts or reduced services for customers. I hope Eversource has a plan in place to address any potential negative consequences

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StockSteve

January 29, 2025 at 11:27

I wonder what plans Eversource has for the 2.4 billion dollars they will receive from the sale of Aquarion Water

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FinanceFrank

January 29, 2025 at 09:16

Selling Aquarion Water seems like a risky move. What if they regret focusing solely on their energy business in the future?

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MarketMason

January 28, 2025 at 16:15

This sale shows that Eversource is committed to optimizing its operations and maximizing its potential in the energy sector

M

MoneyMark

January 28, 2025 at 13:40

This is a smart move by Eversource to focus on their core energy business. It shows they are committed to providing sustainable energy solutions

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SmartSteve

January 28, 2025 at 06:27

I'm curious to see how this sale will affect Eversource's overall performance in the energy sector

M

MilaWagner

January 28, 2025 at 05:46

I'm not convinced that selling Aquarion Water will truly enhance Eversource's position in the energy sector. It may backfire on them