The practice violates regulatory law establishing PURA as an impartial, multi-commissioner and quasi-judicial authority, as well as the utilities’ due process rights by denying them, for at least five years, their right to appeal decisions made by a single commissioner to a panel of three commissioners, the suit claims.

Eversource Energy (NYSE:ES), a prominent player in the U.S. Power & Utilities sector, finds itself at a crossroads as it navigates regulatory challenges, strategic asset sales, and project delays. This comprehensive analysis delves into the company's recent developments,

FuelCell Energy will build a 7.4 MW power plant in Hartford, selling electricity to Eversource and United Illuminating under a 20-year agreement.

Lawmakers in Connecticut said they are focused on improving the cost of electricity for ratepayers and enhancing reliability.

Eversource Energy said on Monday it has agreed to sell its public water supply unit in a deal valued at $2.4 billion, as the utility firm aims to pare debt and focus on the core electric and natural gas businesses.

The Connecticut Public Utilities Regulatory Authority (PURA) recently announced updates to its Energy Storage Solutions program, including the opening of

Eversource Energy is selling Aquarion Water to a local water authority in Connecticut in a deal with an enterprise value of $2.4 billion. The company said Monday its agreement with the Aquarion Water Authority includes about $1.6 billion in cash and $800 million of net debt that will be extinguished at closing.

Eversource Energy (NYSE:ES) ("Eversource") today announced that it has entered into a definitive agreement to sell Aquarion Water Company ("Aquarion") to the Aquarion Water Authority ("AWA"), a quasi-public corporation and political subdivision of the State of Connecticut and a standalone,

Eversource Energy sells Aquarion Water Company for $2.4B including debt, plans to reinvest in core businesses and maintain long-term earnings growth target.

Eversource plans to sell its water utility as it recovers from offshore wind losses and refocuses its business strategy.

we think Eversource's utilities have ample growth opportunities as the Northeast states pursue aggressive clean energy goals. Some state regulators particularly in Connecticut have pushed back on ...