Welcome to our dedicated page for Eversource Energ news (Ticker: ES), a resource for investors and traders seeking the latest updates and insights on Eversource Energ stock.
Eversource Energy (NYSE: ES) provides essential electric and natural gas services to millions across New England through regulated utility operations. This news hub offers investors and stakeholders centralized access to official announcements and strategic developments.
Track critical updates including quarterly earnings, infrastructure investments, and renewable energy initiatives. Our curated collection ensures timely access to press releases about rate cases, system upgrades, and community partnerships.
Discover verified information on operational milestones, regulatory filings, and sustainability efforts. Content spans service territory expansions, storm response preparedness, and clean energy transition plans aligned with state mandates.
Bookmark this page for direct access to Eversource's latest corporate communications. Check regularly for updates impacting one of New England's largest energy delivery systems.
Eversource Energy (NYSE:ES) has been named one of America's Climate Leaders for 2025 by USA TODAY and Statista Inc. for the third consecutive year. The company ranked #1 among energy companies and utilities nationwide for highest core emissions reduction year-over-year and #146 overall.
The recognition highlights Eversource's achievements in sustainability, including its first-in-nation networked geothermal pilot project in Framingham and the Outer Cape Battery Energy Storage System in Provincetown, Massachusetts. The company is also implementing an Electric Sector Modernization Plan to strengthen grid resiliency while advancing decarbonization goals.
Eversource serves approximately 4.6 million customers across Connecticut, Massachusetts and New Hampshire, and employs over 10,000 people. The company is recognized as the #1 energy efficiency provider in the nation according to the American Council for an Energy-Efficient Economy (ACEEE) Utility Energy Efficiency Scorecard.
Eversource Energy (NYSE: ES) has announced a conference call scheduled for May 2, 2025, at 9 a.m. Eastern Time, where senior management will discuss the company's first quarter 2025 financial performance. The webcast will be available in the Investors section of Eversource's website, with a Q&A session accessible to pre-registered participants.
Eversource serves approximately 4.6 million customers across Connecticut, Massachusetts, and New Hampshire, providing electricity, natural gas, and water services. The company employs over 10,000 workers across three states and has been recognized as the #1 U.S. utility on TIME's List of World's Best Companies for 2024. As the nation's leading energy efficiency provider, Eversource is advancing clean energy initiatives including networked geothermal pilots, solar, offshore wind, electric vehicles, and battery storage projects.
Eversource Energy (NYSE:ES) has received the prestigious VETS Indexes 3 Star Employer Award for 2025, recognizing its excellence in veteran employment initiatives. The energy company, which employs over 800 veterans from all U.S. military branches, was acknowledged among nearly 300 organizations for its outstanding commitment to recruiting, hiring, developing, and supporting veterans and military-connected communities.
Executive VP Susan Sgroi highlighted how veterans' military experience and service commitment bring valuable skills to Eversource's mission of delivering power across three states. The recognition, awarded by VETS Indexes President George Altman, emphasizes Eversource's distinguished efforts in creating a workplace that welcomes veterans and supports their career advancement.
Chatham, Massachusetts is addressing its severe EV charging shortage with the completion of its first fully public EV charging station at the Eldredge Public Parking Lot. The project, set to open on March 25, 2025, is a collaboration between the Town of Chatham, Rivermoor Energy, and Weston & Sampson.
The facility features eight new FLO chargers: four Level 3 DC fast chargers and four Level 2 chargers, serving both local community members and visitors. This development is particularly significant as Chatham had no fast charging public EV chargers until 2024, despite Cape Cod having 230,000 year-round residents and attracting 5.5 million annual visitors.
The project aims to support local businesses while addressing a key barrier to EV adoption, as 40% of drivers cite insufficient charging stations as their main concern. The initiative also aligns with Massachusetts' environmental goals, considering that transportation accounts for 38% of the Commonwealth's total greenhouse gas emissions.
Eversource Energy (NYSE: ES) reported full-year 2024 earnings of $811.7 million ($2.27 per share), compared to a 2023 loss of $442.2 million. Non-GAAP recurring earnings reached $1,634.0 million ($4.57 per share) for 2024, up from $1,517.7 million in 2023.
The company recorded significant losses in 2024, including $524.0 million related to offshore wind investment sales and $298.3 million from the pending sale of Aquarion Water Company. Eversource introduced a new five-year $24.2 billion investment plan for 2025-2029, representing a 10% increase over its previous plan.
The company projects 2025 earnings between $4.67-$4.82 per share and expects 5-7% long-term earnings growth through 2029. Eversource plans to raise $1.2 billion in equity over 2025-2029, excluding dividend reinvestment programs.
Eversource Energy (NYSE:ES) has been recognized on the JUST 100 list for the sixth consecutive year, ranking as the #1 utility and 7th overall in JUST Capital and CNBC's 2025 rankings of America's Most JUST Companies.
The recognition highlights Eversource's excellence in key areas including fair wages, worker well-being, career advancement, transparent communication, community strengthening, ethical leadership, and customer treatment. Chairman, President and CEO Joe Nolan emphasized the company's commitment to sustainability and community service as core aspects of their business practices.
The JUST 100 rankings are determined through analysis of the 1,000 largest public U.S. companies based on factors identified through public polling. The evaluation focuses on corporate practices that benefit employees, customers, and communities.
Eversource Energy (NYSE:ES) has declared a quarterly dividend of $0.7525 per share, payable on March 31, 2025, to shareholders of record as of March 4, 2025. The company, recently recognized as the #1 U.S. utility on TIME's List of World's Best Companies for 2024, serves approximately 4.4 million customers across Connecticut, Massachusetts, and New Hampshire.
As the nation's leading energy efficiency provider, Eversource employs over 10,000 workers across three states. The company focuses on delivering reliable energy and water services while advancing clean energy initiatives, including a pioneering networked geothermal pilot project, solar, offshore wind, electric vehicles, and battery storage solutions.
Eversource (NYSE: ES) has initiated construction of the Greater Cambridge Energy Program (GCEP), featuring the largest underground substation in the U.S. The 35,000-square-foot facility will be built 105 feet underground beneath new public green space between Broadway and Binney Street.
The project includes construction of eight new 115 kV underground transmission lines spanning 8.3 miles through Cambridge, Somerville, and Boston, along with upgrades to five substations and 48 new distribution lines. The substation will enable 100% residential heating electrification and can displace 50% of commercial sector gas demand.
GCEP is expected to begin service in 2029 with complete implementation through 2031, supporting approximately 500 full-time jobs during construction. The program aims to address increased electric demand, enhance system resiliency, and support regional electrification and decarbonization goals.
Eversource Energy (NYSE:ES) has announced the sale of Aquarion Water Company to the Aquarion Water Authority (AWA) for an enterprise value of approximately $2.4 billion, comprising $1.6 billion in cash and $800 million in net debt. The transaction represents 1.7X rate base at December 2024.
The sale will allow Eversource to reduce parent company debt and reinvest in its core electric and natural gas businesses. The company expects to record a $300 million loss in Q4 2024, including $140 million in tax expense. Despite this, Eversource reaffirms its long-term EPS growth target of 5-7% through 2028.
Aquarion serves nearly 250,000 water and wastewater customers across Connecticut, Massachusetts, and New Hampshire, with over 360 employees serving more than 775,000 people. The transaction is expected to close in late 2025, subject to regulatory approvals.
Eversource Energy (NYSE: ES) has announced a webcast conference call scheduled for February 12, 2025, at 9 a.m. Eastern Time, where senior management will review the company's 2024 financial performance. The live audio presentation will be accessible from the Investors section of Eversource's website, with a Q&A session available for pre-registered participants.
Eversource serves 1.8 million customers across Massachusetts, including 1.47 million electric customers in 140 communities, 639,000 gas customers in 117 communities, and 11,500 water customers in five communities. The company employs over 10,000 people across three states and has been recognized as the #1 U.S. utility on TIME's List of World's Best Companies for 2024. As the nation's leading energy efficiency provider, Eversource is advancing clean energy initiatives including geothermal, solar, offshore wind, electric vehicles, and battery storage projects.
