Eversource Energy Files 8-K

TL;DR

EVERSOURCE ENERGY FILED AN 8-K ON JAN 28, 2025. CHECK FOR UPDATES.

AI Summary

Eversource Energy filed an 8-K on January 28, 2025, reporting events as of January 27, 2025. The filing includes information related to Regulation FD Disclosure, Other Events, and Financial Statements and Exhibits. Specific details regarding dollar amounts, dates, or significant transactions are not immediately apparent from the provided header information.

Why It Matters

This filing indicates Eversource Energy is providing updated information to the SEC, which could contain material disclosures for investors.

Risk Assessment

Risk Level: low — The filing is a standard 8-K, and the provided header information does not indicate any immediate high-risk events.

Key Players & Entities

• EVERSOURCE ENERGY (company) — Registrant
• 0001104659-25-006447 (filing_id) — Accession Number
• January 27, 2025 (date) — Date of earliest event reported
• January 28, 2025 (date) — Filing Date

FAQ

Key Financial Figures

• $5.00 — ge on which registered Common Shares, $5.00 par value per share ES New York Stock
• $2.4 b — lue of the transaction is approximately $2.4 billion, which includes approximately $1.
• $1.6 billion — 4 billion, which includes approximately $1.6 billion in cash and $800 million of net debt th
• $800 million — approximately $1.6 billion in cash and $800 million of net debt that will be extinguished a

Filing Documents

• tm254636d1_8k.htm (8-K) — 33KB
• tm254636d1_ex99-1.htm (EX-99.1) — 18KB
• tm254636d1_ex99-1img001.jpg (GRAPHIC) — 23KB
• 0001104659-25-006447.txt ( ) — 260KB
• es-20250127.xsd (EX-101.SCH) — 3KB
• es-20250127_lab.xml (EX-101.LAB) — 33KB
• es-20250127_pre.xml (EX-101.PRE) — 22KB
• tm254636d1_8k_htm.xml (XML) — 3KB

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On January 27, 2025, Eversource Energy ("Eversource" or the "Company") issued a press release announcing that it had signed a Purchase and Sale Agreement (as defined below) to sell the Company's wholly-owned subsidiary, Aquarion Water Company ("Aquarion"), to Aquarion Water Authority ("AWA"), a quasi-public corporation and political subdivision of the State of Connecticut and a standalone, newly created water authority alongside the South Central Connecticut Regional Water Authority ("RWA"). A copy of the Company's press release is attached as Exhibit 99.1 to this Current Report on Form 8-K. The information contained in this Item 7.01, including Exhibit 99.1, shall not be deemed "filed" with the Securities and Exchange Commission nor incorporated by reference in any registration Section 8 Other Events

01 Other Events

Item 8.01 Other Events. On January 27, 2025, Eversource entered into a Purchase and Sale Agreement (the "Purchase and Sale Agreement") with AWA and RWA. Pursuant to the Purchase and Sale Agreement, AWA will acquire all of the issued and outstanding shares of common stock of Aquarion. The aggregate enterprise value of the transaction is approximately $2.4 billion, which includes approximately $1.6 billion in cash and $800 million of net debt that will be extinguished at closing. The transaction is subject to regulatory approval by the Connecticut Public Utilities Regulatory Authority, the Massachusetts Department of Public Utilities, and the New Hampshire Public Utilities Commission, other approvals pursuant to the Hart-Scott-Rodino Antitrust Improvements Act as well as other customary closing conditions. The transaction is expected to close in 2025. 2

Forward-Looking Statements

Forward-Looking Statements This document includes statements concerning Eversource Energy's expectations, beliefs, plans, objectives, goals, strategies, assumptions of future events, future financial performance or growth and other statements that are not historical facts, including leverage targets and earnings objectives and expectations about closing the transaction and the timing thereof. These statements are "forward-looking statements" within the meaning of U.S. federal securities laws. Generally, readers can identify these forward-looking statements through the use of words or phrases such as "estimate," "expect," "anticipate," "intend," "plan," "project," "believe," "forecast," "would," "should," "could" and other similar expressions. Forward-looking statements involve risks and uncertainties that may cause actual results or outcomes to differ materially from those included in the forward-looking statements. Forward-looking statements are based on the current expectations, estimates, assumptions or projections of management and are not guarantees of future performance. These expectations, estimates, assumptions or projections may vary materially from actual results. Accordingly, any such statements are qualified in their entirety by reference to, and are accompanied by, the following important factors that may cause our actual results or outcomes to differ materially from those contained in our forward-looking statements, including, but not limited to: cyberattacks or breaches, including those resulting in the compromise of the confidentiality of our proprietary information and the personal information of our customers; disruptions in the capital markets or other events that make our access to necessary capital more difficult or costly; changes in economic conditions, including impact on interest rates, tax policies, and customer demand and payment ability; our ability to satisfy the conditions to closing the transaction and to consummate the closing on th

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press release of the Company, dated January 27, 2025. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 3 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused the report to be signed on its behalf by the undersigned hereunto duly authorized. EVERSOURCE ENERGY (Registrant) January 27, 2025 By: /s/ Jay S. Buth Jay S. Buth Vice President, Controller and Chief Accounting Officer 4

View Full Filing

View this 8-K filing on SEC EDGAR