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🔒Eversource’s $2.4B sale of Aquarion will create a new nonprofit water authority in CT — Backers say the deal could save $350M long term; others fear it will increase consumer costs

The Aquarion Water Authority’s (AWA) pending acquisition of Eversource-owned Aquarion Water Co. — which involves converting the company into a nonprofit, quasi-public entity — is expected to save at least $350 million over the first 10 years, once the deal is finalized.The projected savings will largely stem from AWA’s ability to obtain capital at a […]

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