On Monday, Jan. 27, the regional utility holding company agreed to sell Aquarion Water Co. for $1.6 billion plus debt to the New Haven-area’s Regional Water Authority, nearly a year after putting the business up for sale. Regulators had nixed an Aquarion rate hike request in 2023. Then on Tuesday, Eversource CEO Joe Nolan Jr. and his deputies at Eversource gathered in Cambridge, Mass. alongside smiling public officials for the groundbreaking of a $1.8 billion, underground electrical substation with new urban transmission lines — a substation that’s said to be one of the most advanced in the world, extending more than100 feet below the surface as part of a mixed-use development. In his speech, Nolan said nary a negative word about Connecticut. He didn’t have to. The multi-billion-dollar actions spoke loudly enough: In Connecticut, we will invest the bare minimum to maintain reliability and we might see some slippage on that front.
https://www.ctpost.com/business/article/eversource-cuts-ct-mass-20064058.php