The Public Utilities Regulatory Authority plans to issue a final decision on the proposed sale of Aquarion Water Co. to a newly created nonprofit entity in November. A proposed final decision in the $2.4 billion sale from Eversource Energy to the Aquarion Water Authority was originally expected Oct. 22. However, on that same day, PURA quietly amended its docket schedule, removing the proposed final decision from the schedule, leaving Nov. 19 as the date that the final decision will be released. The Aquarion case has become a flashpoint for state and local officials, utilities and consumer advocates. Eversource, which acquired Aquarion in 2017, announced in January that it would sell the Bridgeport-based water utility to the nonprofit, quasi-public Aquarion Water Authority. An evidentiary hearing concluded this summer, and a decision by PURA will determine whether the deal proceeds. Eversource has said it hopes to complete the deal by late 2025.
PURA sets November date for final decision on Aquarion sale amid leadership shakeup
