The practice violates regulatory law establishing PURA as an impartial, multi-commissioner and quasi-judicial authority, as well as the utilities’ due process rights by denying them, for at least five years, their right to appeal decisions made by a single commissioner to a panel of three commissioners, the suit claims.
Eversource Energy (NYSE:ES), a prominent player in the U.S. Power & Utilities sector, finds itself at a crossroads as it navigates regulatory challenges, strategic asset sales, and project delays. This comprehensive analysis delves into the company's recent developments,
FuelCell Energy will build a 7.4 MW power plant in Hartford, selling electricity to Eversource and United Illuminating under a 20-year agreement.
Lawmakers in Connecticut said they are focused on improving the cost of electricity for ratepayers and enhancing reliability.
Eversource Energy said on Monday it has agreed to sell its public water supply unit in a deal valued at $2.4 billion, as the utility firm aims to pare debt and focus on the core electric and natural gas businesses.
The Connecticut Public Utilities Regulatory Authority (PURA) recently announced updates to its Energy Storage Solutions program, including the opening of
Eversource Energy (NYSE:ES) said Monday it agreed to sell Aquarion Water Company to the Aquarion Water Authority for a ~$2.4B total enterprise value, including $1.6B in cash and $800M of net debt. Eversource (ES) said the proceeds from the sale will allow it to pay down parent company debt while reinvesting capital into its core electric and
As a former utility regulator, I understand the desire by public officials to do everything they can to keep water, gas and electric bills as low as possible. All Americans know that the cost of livin
Eversource Energy (ES) agreed to sell its public water supply unit to a local water authority in Connecticut in a deal worth roughly $2.4 billion, as the utility firm looks to focus on its core businesses.
Eversource Energy (NYSE:ES) ("Eversource") today announced that it has entered into a definitive agreement to sell Aquarion Water Company ("Aquarion") to the Aquarion Water Authority ("AWA"), a quasi-public corporation and political subdivision of the State of Connecticut and a standalone,
Eversource plans to sell its water utility as it recovers from offshore wind losses and refocuses its business strategy.