Eversource Energy buys water company

Eversource Energy closed on its purchase of the Aquarion Water Co. and in the process becoming the only U.S.-based electric utility to also own a water utility.

With all required regulatory approvals now received, Aquarion becomes part of Eversource, with nearly 4 million electric, natural gas and water customers combined in Connecticut, Massachusetts and New Hampshire.

“We have worked hard to be there when our customers need us for gas and electricity. By joining with Aquarion we are excited to add clean water to that commitment to a clean, sustainable future,” said Eversource Chairman, President and Chief Executive Officer Jim Judge. “As part of Eversource, Aquarion will remain a locally-owned company with access to the resources it will need for investments to ensure ongoing reliability and customer service.”

“Our complementary business lines and shared commitment to operational excellence bode very well for our customers and the communities we serve,” said Aquarion President and Chief Executive Officer Charles V. Firlotte. “At Aquarion, we’re very proud of the history of superior customer satisfaction earned by our employees and we look forward to growing it even further with the Eversource team.”

Eversource transmits and delivers electricity and natural gas and supplies water to about 4 million customers in Connecticut, Massachusetts and New Hampshire.

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