---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-104387"
form_type: "8-K"
ticker: "ES"
cik: "0000072741"
company_name: "EVERSOURCE ENERGY"
filed_at: "2024-09-30T23:59:59+00:00"
generated_at: "2026-05-31T01:00:05.452088+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Eversource completes offshore wind exit; sale proceeds $745M, expects Q3 $520M net loss

## Summary
- Sale of 50% stake in South Fork Wind (132 MW) and Revolution Wind (704 MW) to GIP for adjusted gross proceeds of $745M.
- Proceeds reduced by ~$375M vs. expected $1.12B due to lower capital spending and delay of Revolution Wind commercial ops.
- Aggregate net loss on offshore wind divestiture ~$520M in Q3 2024, including $370M gain on Sunrise Wind sale and higher Revolution Wind costs.
- Eversource expects to record ~$360M liability, majority settled in 2026; equity issuance plan up to $1.3B unchanged.
- No impact on regulated entities; Eversource now fully exited offshore wind ownership.

## SEC filing metadata
- accession: 0001104659-24-104387
- form_type: 8-K
- ticker: ES
- cik: 0000072741
- company_name: EVERSOURCE ENERGY
- filed_at: 2024-09-30T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/72741/000110465924104387/0001104659-24-104387-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/72741/000110465924104387/tm2425236d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-104387
- JSON: https://secwatch.observer/filing/0001104659-24-104387.json
- Plain text: https://secwatch.observer/filing/0001104659-24-104387.txt

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