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

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.

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Investor opinions & comments:

Eversource's strategic move to focus on its core energy business aligns with their long-term growth strategy
— from LauraAnderson at 01-30-2025 23:03
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
— from CashMike at 01-30-2025 18:45
I wonder what plans Eversource has for the 2.4 billion dollars they will receive from the sale of Aquarion Water
— from StockSteve at 01-29-2025 11:27
Selling Aquarion Water seems like a risky move. What if they regret focusing solely on their energy business in the future?
— from FinanceFrank at 01-29-2025 09:16
This sale shows that Eversource is committed to optimizing its operations and maximizing its potential in the energy sector
— from MarketMason at 01-28-2025 16:15
This is a smart move by Eversource to focus on their core energy business. It shows they are committed to providing sustainable energy solutions
— from MoneyMark at 01-28-2025 13:40
I'm curious to see how this sale will affect Eversource's overall performance in the energy sector
— from SmartSteve at 01-28-2025 06:27
I'm not convinced that selling Aquarion Water will truly enhance Eversource's position in the energy sector. It may backfire on them
— from MilaWagner at 01-28-2025 05:46
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