other material
confidence high
sentiment neutral
materiality 0.70
Eversource Energy announces $1.2B at-the-market equity offering program
EVERSOURCE ENERGY
- Up to $1.2B of common shares may be sold at prevailing market prices via ATM program; six banks act as managers.
- Shares sold on NYSE, OTC, or in negotiated transactions; timing and prices uncertain.
- Approximately 345M shares outstanding; potential dilution of about 3.5% if full amount sold.
- Proceeds use not specified; filing made under existing shelf registration.