---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-098977"
form_type: "8-K"
ticker: "ES"
cik: "0000072741"
company_name: "EVERSOURCE ENERGY"
filed_at: "2023-09-07T23:59:59+00:00"
generated_at: "2026-06-10T23:06:51.858734+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Eversource closes $625M offshore lease sale to Ørsted; enters tax equity deal for South Fork Wind

## Summary
- Closed sale of ~175,000-acre offshore lease area to Ørsted for $625M all-cash; initial $575M received at closing.
- Executed Tax Equity Capital Contribution Agreement for South Fork Wind; Eversource to contribute ~$545M for tax equity member interest.
- Eversource expects ~$273M distribution from South Fork Wind project before its commercial operations date (late 2023).
- Remaining $50M from lease sale payable upon certain tax equity events, expected by end of Q3 2023.
- Continues process to sell 50% interest in three offshore wind projects (1,758 MW total); expects to announce details soon.

## SEC filing metadata
- accession: 0001104659-23-098977
- form_type: 8-K
- ticker: ES
- cik: 0000072741
- company_name: EVERSOURCE ENERGY
- filed_at: 2023-09-07T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/72741/000110465923098977/0001104659-23-098977-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/72741/000110465923098977/tm2325665d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-098977
- JSON: https://secwatch.observer/filing/0001104659-23-098977.json
- Plain text: https://secwatch.observer/filing/0001104659-23-098977.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.