ES Stock Recent News

BOSTON & HARTFORD, Conn.--(BUSINESS WIRE)--Eversource Energy (NYSE: ES) today announced that it has completed the sale of its 50 percent interest in the 132-megawatt South Fork Wind project (South Fork Wind) and the 704-megawatt Revolution Wind project (Revolution Wind) to Global Infrastructure Partners (GIP). Adjusted gross proceeds from the transaction were $745 million. Adjusted gross proceeds from the sale were reduced by approximately $375 million as compared with the expected purchase pri.

Eversource Energy is heavily investing in grid modernization to address aging infrastructure and support future energy needs, positioning itself for long-term resilience and growth in the utility sector. Despite recent revenue declines, Eversource's operating income and EBITDA have shown promising growth, indicating stable performance amid a tough macro climate. The company's proactive approach includes substantial investments in new substations, electric distribution, and customer service modernization programs.

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BOSTON--(BUSINESS WIRE)--Affirming the commonwealth's leadership on a strategic approach to the clean energy transition, the Massachusetts Department of Public Utilities' (DPU) recently approved Electric Sector Modernization Plans (ESMP) proposed by Eversource and other utilities to develop the clean energy infrastructure needed to meet decarbonization goals while ensuring safe, reliable service for customers. The DPU's order builds on Massachusetts' proactive, equity-focused work to advance a.

HARTFORD, Conn. & BOSTON--(BUSINESS WIRE)--Eversource Energy (NYSE: ES) is pleased to announce Rima Hyder as the company's new Vice President of Investor Relations. Hyder brings more than 20 years of experience in finance, communications and investor relations, spanning several industries, to Eversource, where she will lead the company's investor relations strategy to develop and maintain strong relationships with the investment community and other key stakeholders. Matt Fallon will continue to.

Eversource's (ES) long-term capital investment plans and expansion of renewable and water operations should further improve its overall performance.

HARTFORD, Conn.--(BUSINESS WIRE)--Eversource Energy is pleased to announce its Huntsbrook Offshore Wind (OSW) Hub project proposal was recently awarded $89 million in federal grant funding through the second round of the U.S. Department of Energy's Grid Innovation Program. The Huntsbrook OSW Hub proposal was included in the Power Up New England project portfolio that was selected to receive $389 million in total funding through the DOE program and will support New England's clean energy transit.

Eversource Energy's (ES) second-quarter earnings and revenues decline year over year. Total operating expenses also decrease during the same period.

Eversource Energy (ES) came out with quarterly earnings of $0.95 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1 per share a year ago.

Eversource Energy's (ES) second-quarter results are expected to benefit from warmer weather conditions in its service areas and investments. However, higher interest expenses might have had a negative impact.