Eversource Statement on Proposed Final Decision to Approve Aquarion Sale

Core Viewpoint - Eversource Energy views the proposed final decision by the Connecticut Public Utilities Regulatory Authority (PURA) to approve the sale of Aquarion Water Company as a constructive development, while the sale is not included in their 2026 guidance [1]. Financial Performance - Eversource's 2025 earnings were reported at $1.69 billion, or $4.56 per share, compared to $811.7 million, or $2.27 per share in 2024 [1]. - Non-GAAP recurring earnings for 2025 totaled $1.77 billion, or $4.76 per share [1]. - The company projects 2026 earnings between $4.80 and $4.95 per share, with a long-term earnings per share growth rate of 5 to 7 percent through 2030, using 2025 non-GAAP results as the base year [1]. Strategic Actions - Eversource has taken preliminary steps to ensure stability with or without the sale of Aquarion, including the issuance of Junior Subordinated Notes and filing a rate case for Aquarion [1]. - A $600 million debt issuance was completed at the parent company level in October [1]. Company Recognition - Eversource is recognized as the 1 U.S. utility on TIME's List of World's Best Companies for 2024 and is celebrated for its corporate citizenship [1]. - The company is also acknowledged as the 1 Energy Efficiency Provider in the Nation and has a commitment to a clean energy future in the Northeast [1]. Operational Overview - Eversource serves approximately 4.6 million customers across Connecticut, Massachusetts, and New Hampshire, providing electricity, natural gas, and water [1]. - The company employs over 10,500 individuals and focuses on delivering reliable energy and water with superior customer service [1].