Mizuho Turns More Bullish on Eversource Energy (ES), Sees Greater Clarity on the Company’s Projects

Eversource Energy (NYSE:ES) is one of the best high-growth utility stocks to buy. On October 15, Eversource reported that its future liability for payments to Global Infrastructure Partners rose by $285 million. This was in reference to its disposal of its two renewable energy projects, namely South Fork Wind and Revolution Wind. The company mentioned that any tax advantages from the loss on these project sales will partly balance the higher liability, leading to a net non-recurring after-tax charge amoun ...